First Reliance Maximum Drawdown
| FSRL Stock | | | USD 13.70 -0.30 -2.14% |
The Maximum Drawdown calculation for First Reliance draws on price and volume history. Additional screening context is available through
Equity Screeners. First Reliance has a market cap of 22.86 M, operating margin of 17.2%. See
Investing Opportunities for additional portfolio context. Adding First Reliance Bancshares to a portfolio enables side-by-side comparison with other holdings. This enables performance tracking across the full position set. Broader economic conditions can influence First Reliance Bancshares's company valuation — related indicators include
signals in real.
First Reliance Bancshares has current Maximum Drawdown of 11.67. 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) |
| = | 11.67 | |
| MAX | = | Maximum notation for the range of returns on First Reliance |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
First Reliance Bancshares is rated
below average for maximum drawdown within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.00 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.
Compare First Reliance to Peers
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