CollegeAdvantage Maximum Drawdown
| BORIX Fund | | | USD 15.36 0.03 0.20% |
Reference data associated with the Maximum Drawdown technical indicator for Collegeadvantage 529 Savings. Indicator inputs depend on available historical price observations.
Collegeadvantage 529 Savings has current Maximum Drawdown of 0.6495. 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) |
| = | 0.6495 | |
| MAX | = | Maximum notation for the range of returns on CollegeAdvantage |
CollegeAdvantage Maximum Drawdown Peers Comparison
CollegeAdvantage Maximum Drawdown Relative To Other Indicators
Collegeadvantage 529 Savings is rated
fifth in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1.00 of Maximum Drawdown per 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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