Fidelity Preferred Maximum Drawdown
| FPFD Etf | | | USD 21.59 -0.01 -0.05% |
The Maximum Drawdown calculation for Fidelity Preferred draws on price and volume history. Related screening structures are referenced through
Equity Screeners. For portfolio construction context, review
Investing Opportunities. Clearer exposure analysis supports long-term portfolio balance. Tracking Fidelity Preferred Securities in a portfolio provides context for performance attribution. Watchlist features allow monitoring without committing to a position. Broader economic conditions can influence Fidelity Preferred Securities's etf valuation — related indicators include
signals in price.
Fidelity Preferred Securities has current Maximum Drawdown of 1.11. 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) |
| = | 1.11 | |
| MAX | = | Maximum notation for the range of returns on Fidelity Preferred |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Fidelity Preferred Securities is rated
below average for maximum drawdown among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs 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 Fidelity Preferred to Peers
Other Technical Indicators