First Tellurium Maximum Drawdown
| FSTTF Stock | | | USD 0.12 0.01 9.09% |
The Maximum Drawdown indicator for First Tellurium Corp is derived from observed market data. The dataset is based on observed market activity where data is available. First Tellurium has a market cap of 16.77 M, ROE of -4.16%. Review
Investing Opportunities for broader portfolio context. A position in First Tellurium Corp is indicated here. Position allocation is driven by the portfolio construction model. 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 population.
First Tellurium Corp has current Maximum Drawdown of 31.41. 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) |
| = | 31.41 | |
| MAX | = | Maximum notation for the range of returns on First Tellurium |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
First Tellurium 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 First Tellurium to Peers
Other Technical Indicators