Direxion Daily Maximum Drawdown
| EURL Etf | | | USD 35.77 -0.78 -2.13% |
The Maximum Drawdown indicator for Direxion Daily FTSE is derived from observed market data. The dataset is based on observed market activity where data is available. Review
Investing Opportunities for context on portfolio diversification. All figures are based on reported data and are informational in nature. Including Direxion Daily FTSE in a portfolio enables allocation and risk analysis. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Direxion Daily FTSE's etf valuation — related indicators include
signals in real.
Direxion Daily FTSE has current Maximum Drawdown of 15.26. 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) |
| = | 15.26 | |
| MAX | = | Maximum notation for the range of returns on Direxion Daily |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Direxion Daily FTSE carries a
third ranking 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.
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