Canadian Solar Maximum Drawdown
| CSIQ Stock | | | USD 14.26 0.73 5.40% |
This dataset for Canadian Solar reflects inputs used in the Maximum Drawdown calculation. Values are derived from historical price and volume observations. Canadian Solar has a market cap of 906.13 M, operating margin of 2.33%, ROE of -4.39%. Use
Trending Equities to explore allocation context. The allocation summary reflects available position data. The portfolio reflects a holding in Canadian Solar. The position falls within the allocation view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
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Canadian Solar has current Maximum Drawdown of 37.72. 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) |
| = | 37.72 | |
| MAX | = | Maximum notation for the range of returns on Canadian Solar |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Canadian Solar is ranked
fourth for maximum drawdown against industry peers. It is currently under evaluation for maximum drawdown against industry peers with Maximum Drawdown measuring nearly
1.00 against 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 Canadian Solar to Peers
Other Technical Indicators