Element Fleet Maximum Drawdown
| EFN Stock | | | CAD 31.12 -0.42 -1.33% |
This technical indicator view for Maximum Drawdown organizes signals for Element Fleet Management and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Element Fleet has a market cap of 12.38 B, operating margin of 47.26%, ROE of 10.16%. See
Investing Opportunities for portfolio-level analysis. This suggests a position in Element Fleet Management within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Element Fleet Management has current Maximum Drawdown of 10.17. 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) |
| = | 10.17 | |
| MAX | = | Maximum notation for the range of returns on Element Fleet |
Element Fleet Maximum Drawdown Peers Comparison
Element Maximum Drawdown Relative To Other Indicators
Element Fleet Management is rated
below average in maximum drawdown compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.