Dynamic Active Maximum Drawdown
| DXG Etf | | | CAD 73.64 -2.52 -3.31% |
Technical inputs supporting the Maximum Drawdown indicator for Dynamic Active Global are shown here. Values are derived from historical price and volume observations. Review
Investing Opportunities to understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. Diversified allocation aims to distribute exposure across multiple positions. This information is provided for contextual purposes. A position in Dynamic Active Global is part of the allocation. This appears in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Dynamic Active Global has current Maximum Drawdown of 6.12. 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) |
| = | 6.12 | |
| MAX | = | Maximum notation for the range of returns on Dynamic Active |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Dynamic Active Global lands at
#3 in maximum drawdown against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
1.00 in Maximum Drawdown for each 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.
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