Franklin Electric Maximum Drawdown
| FELE Stock | | | USD 89.89 -1.47 -1.61% |
The Maximum Drawdown calculation for Franklin Electric draws on price and volume history. Each data point is derived from standardized price and volume feeds. The depth of trading history affects the precision of the indicator. Franklin Electric has a market cap of 4.07 B, operating margin of 10.26%, ROE of 11.45%.
Investing Opportunities adds portfolio-level perspective. The portfolio structure is presented for analytical context. The view is constructed from recorded portfolio positions. A position in Franklin Electric Co is indicated here. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Franklin Electric Co has current Maximum Drawdown of 17.51. 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) |
| = | 17.51 | |
| MAX | = | Maximum notation for the range of returns on Franklin Electric |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Franklin Electric Co holds the
#3 position for maximum drawdown relative to top peers. It is currently under evaluation for maximum drawdown relative to top peers with a Maximum Drawdown-to-Maximum Drawdown ratio near
1.00 .
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 Franklin Electric to Peers
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