Entra ASA Maximum Drawdown
| ENTOF Pink Sheet | | | USD 11.17 -0.71 -5.98% |
The Maximum Drawdown signal for Entra ASA reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges. Entra ASA has a market cap of 2.24 B, operating margin of 84.87%, current ratio of 0.26. Use
Investing Opportunities to view allocation positioning. Entra ASA can be evaluated within a portfolio framework for weight and risk impact. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Entra ASA's company valuation — related indicators include
signals in metropolitan statistical area.
Entra ASA has current Maximum Drawdown of 5.98. 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) |
| = | 5.98 | |
| MAX | = | Maximum notation for the range of returns on Entra ASA |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Entra ASA is rated
below average 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.
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