GraniteShares Maximum Drawdown
| DLLL Etf | | | 33.28 0.70 2.15% |
The Maximum Drawdown reading for GraniteShares 2x Long is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Review
Investing Opportunities for context on portfolio diversification. Portfolio construction reflects how positions are combined across holdings. The allocation shows a weighting toward GraniteShares 2x Long. The weighting is visible within the allocation breakdown. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
GraniteShares 2x Long has current Maximum Drawdown of 54.88. 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) |
| = | 54.88 | |
| MAX | = | Maximum notation for the range of returns on GraniteShares |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
GraniteShares 2x Long sits atop the peer group for maximum drawdown within its ETF group. It is currently under evaluation for maximum drawdown within its ETF group where Maximum Drawdown runs almost
1.00 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 GraniteShares to Peers
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