Finward Bancorp Maximum Drawdown
| FNWD Stock | | | USD 37.23 -0.71 -1.87% |
Reference data associated with the Maximum Drawdown technical indicator for Finward Bancorp. Availability may differ across exchanges, markets, and reporting intervals.
Finward Bancorp has current Maximum Drawdown of 9.57. 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) |
| = | 9.57 | |
| MAX | = | Maximum notation for the range of returns on Finward Bancorp |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Finward Bancorp holds the
#5 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 Finward Bancorp to Peers
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