Calamos LongShort Maximum Drawdown

CPZ Stock  USD 14.32  0.00  0.00%   
Observed values used to calculate the Maximum Drawdown technical indicator for Calamos LongShort Equity. Certain instruments may report limited data depending on market coverage.
Calamos LongShort Equity has current Maximum Drawdown of 3.37. 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)

 = 
3.37
MAX = Maximum notation for the range of returns on Calamos LongShort

Maximum Drawdown Peers Comparison

Maximum Drawdown Relative To Other Indicators

Calamos LongShort Equity is rated below average in maximum drawdown among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors 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. Compare Calamos LongShort to Peers

Other Technical Indicators