Dayforce Maximum Drawdown
| DAY Stock | | | 69.97 0.00 0.00% |
Dayforce maximum drawdown lookup summarizes this and related technical indicators for Dayforce. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Dayforce has market cap of 11.18 B, operating margin of -25.83%, ROE of -5.71%. Use
Investing Opportunities to explore allocation context. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Dayforce has current Maximum Drawdown of 0.9289. 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) |
| = | 0.9289 | |
| MAX | = | Maximum notation for the range of returns on Dayforce |
Dayforce Maximum Drawdown Peers Comparison
Dayforce Maximum Drawdown Relative To Other Indicators
Dayforce is rated
below average. in maximum drawdown category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors 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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