CommScope Holding Maximum Drawdown
| COMMDelisted Stock | | | USD 19.58 -0.08 -0.41% |
Observed values used to calculate the Maximum Drawdown technical indicator for CommScope Holding Co. Coverage may vary depending on data feeds and normalization methods.
CommScope Holding Co has current Maximum Drawdown of 15.17. 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) |
| = | 15.17 | |
| MAX | = | Maximum notation for the range of returns on CommScope Holding |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
CommScope Holding Co 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.
Other Technical Indicators