Blackline Safety Maximum Drawdown
| BLN Stock | | | 6.96 -0.04 -0.57% |
The Maximum Drawdown signal for Blackline Safety Corp reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Blackline Safety has a market cap of 609.16 M, operating margin of -3.37%. Review
Trending Equities for broader portfolio context. Monitoring Blackline Safety Corp within a portfolio highlights how it interacts with other holdings. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence Blackline Safety Corp's company valuation — related indicators include
signals in inflation.
Blackline Safety Corp has current Maximum Drawdown of 9.38. Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 9.38 | |
| MAX | = | Maximum notation for the range of returns on Blackline Safety |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Blackline Safety Corp is rated
below average in maximum drawdown compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.00 in Maximum Drawdown for each unit of Maximum Drawdown.
The MDD is one of the most important risk measures. It measures the loss in any losing period and is usually defined as the percent retrenchment from an asset peak value to the valley value. Maximum drawdown encompasses both the period from the peak to the valley (length), and the time from the valley to a new high (recovery). It measures the largest percentage drawdown that has occurred in a given time period.
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