FPX Nickel Maximum Drawdown
| FPOCF Stock | | | USD 0.31 -0.04 -11.43% |
Historical market data for FPX Nickel Corp forms the basis of the Maximum Drawdown indicator shown here. The calculation draws on time-series market data across available periods. Coverage may vary depending on data availability and normalization methods. FPX Nickel has a market cap of 76.81 M, ROE of -11.85%. For allocation context, review
Investing Opportunities. Allocation details are provided as informational context. Allocation context is based on the most recent position data. The portfolio reflects a holding in FPX Nickel Corp. The position falls within the allocation view. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as
signals in median.
FPX Nickel Corp has current Maximum Drawdown of 29.44. 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) |
| = | 29.44 | |
| MAX | = | Maximum notation for the range of returns on FPX Nickel |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
FPX Nickel Corp is rated
below average in maximum drawdown across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.00 Maximum Drawdown per 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 FPX Nickel to Peers
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