GraniteShares Bloomberg Maximum Drawdown
| COMB Etf | | | USD 25.90 0.00 0.00% |
Technical inputs supporting the Maximum Drawdown indicator for GraniteShares Bloomberg Commodity are shown here. Values are derived from historical price and volume observations. Use
Trending Equities to explore diversified allocation structure. Allocation context can improve visibility into portfolio balance. The holding in GraniteShares Bloomberg Commodity represents an allocation. This is situated within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in state.
GraniteShares Bloomberg Commodity has current Maximum Drawdown of 6.93. 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) |
| = | 6.93 | |
| MAX | = | Maximum notation for the range of returns on GraniteShares Bloomberg |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
GraniteShares Bloomberg Commodity is rated
third in maximum drawdown compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs 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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