Exchange Traded Maximum Drawdown
| BLUI Etf | | | 25.72 0.09 0.35% |
Reference data associated with the Maximum Drawdown technical indicator for Exchange Traded Concepts. Coverage may vary depending on data feeds and normalization methods.
Exchange Traded Concepts has current Maximum Drawdown of 1.05. 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) |
| = | 1.05 | |
| MAX | = | Maximum notation for the range of returns on Exchange Traded |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Exchange Traded Concepts is rated
below average for maximum drawdown across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly
1.00 in Maximum Drawdown for every 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.
Compare Exchange Traded to Peers
Other Technical Indicators