FlexQube Maximum Drawdown
| FLEXQ Stock | | | SEK 19.80 -0.80 -3.88% |
Observed values used to calculate the Maximum Drawdown technical indicator for FlexQube AB. Certain instruments may report limited data depending on market coverage.
FlexQube AB has current Maximum Drawdown of 42.91. 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) |
| = | 42.91 | |
| MAX | = | Maximum notation for the range of returns on FlexQube |
FlexQube Maximum Drawdown Peers Comparison
FlexQube Maximum Drawdown Relative To Other Indicators
FlexQube AB maintains a
second standing in maximum drawdown relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
1.00 of Maximum Drawdown 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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