First Mining Maximum Drawdown
| FF Stock | | | CAD 0.40 -0.03 -6.98% |
The Maximum Drawdown indicator for First Mining Gold is derived from observed market data. The calculation draws on time-series market data across available periods. Exchange-specific data schedules may affect the recency of readings. For broader technical screening across instruments, see
Equity Screeners. First Mining has a market cap of 587.24 M, ROE of -11.98%. See
Investing Opportunities for portfolio-level analysis. Portfolio positioning is summarized for reference. Position-level data supports the allocation summary. This view summarizes available data without implying outcomes. This includes a position in First Mining Gold. The allocation reflects this within the position set. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in real.
First Mining Gold has current Maximum Drawdown of 23.89. 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) |
| = | 23.89 | |
| MAX | = | Maximum notation for the range of returns on First Mining |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
First Mining Gold lands at
#4 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.
Compare First Mining to Peers
Other Technical Indicators