Decade Resources Maximum Drawdown
| DECXF Pink Sheet | | | USD 0.06 0.01 33.82% |
The Maximum Drawdown indicator for Decade Resources is derived from observed market data. Exchange-specific data schedules may affect the recency of readings. Decade Resources has a market cap of 5.54 M, current ratio of 0.09. See
Investing Opportunities for additional portfolio context. Decade Resources can be evaluated within a portfolio framework for weight and risk impact. This enables performance tracking across the full position set. Broader economic conditions can influence Decade Resources's company valuation — related indicators include
signals in services.
Decade Resources has current Maximum Drawdown of 106.67. 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) |
| = | 106.67 | |
| MAX | = | Maximum notation for the range of returns on Decade Resources |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Decade Resources ranks
fourth among pink sheets in maximum drawdown across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.00 Maximum Drawdown per 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.
Compare Decade Resources to Peers
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