Financial Maximum Drawdown
| FTN Etf | | | CAD 9.67 0.66 7.33% |
This technical indicator view for Maximum Drawdown organizes signals for Financial 15 Split and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Financial has market cap of 309.34 M, P/E of 2.02, operating margin of 107.66%. See
Investing Opportunities for portfolio-level analysis. This suggests a position in Financial 15 Split within the portfolio mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Financial 15 Split has current Maximum Drawdown of 11.76. 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) |
| = | 11.76 | |
| MAX | = | Maximum notation for the range of returns on Financial |
Financial Maximum Drawdown Peers Comparison
Financial Maximum Drawdown Relative To Other Indicators
Financial 15 Split currently holds the
# 3 position in maximum drawdown as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as 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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