Fidelity Real Maximum Drawdown
| FPRO Etf | | | USD 22.86 0.21 0.93% |
This dataset for Fidelity Real Estate reflects inputs used in the Maximum Drawdown calculation. This dataset is part of a broader indicator framework including
Equity Screeners. Portfolio design and allocation context appear in
Investing Opportunities. The view supports a broader understanding of portfolio structure. This reflects a position in Fidelity Real Estate. It is distributed across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Fidelity Real Estate has current Maximum Drawdown of 3.17. 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) |
| = | 3.17 | |
| MAX | = | Maximum notation for the range of returns on Fidelity Real |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Fidelity Real Estate is rated
below average in maximum drawdown against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs 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 Fidelity Real to Peers
Other Technical Indicators