First Trust Maximum Drawdown
| FSZ Etf | | | USD 79.37 0.98 1.25% |
The Maximum Drawdown profile for First Trust Switzerland is based on historical price and volume observations. Coverage may vary depending on data availability and normalization methods. For portfolio construction context, review
Investing Opportunities. Allocation decisions are shaped by the composition and weighting of holdings. First Trust Switzerland can be added to a watchlist or portfolio for position tracking. Position allocation is driven by the portfolio construction model in use. Broader economic conditions can influence First Trust Switzerland's etf valuation — related indicators include
signals in main economic indicators.
First Trust Switzerland has current Maximum Drawdown of 3.73. 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) |
| = | 3.73 | |
| MAX | = | Maximum notation for the range of returns on First Trust |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
First Trust Switzerland is rated
below average in maximum drawdown compared to similar ETFs. It is currently under evaluation in maximum drawdown compared to similar ETFs reporting about
1.00 of Maximum Drawdown 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.
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