GoldQuest Mining Maximum Drawdown
| GDQMF Stock | | | USD 1.72 -0.04 -2.27% |
The Maximum Drawdown lookup presents technical context for GoldQuest Mining Corp and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. GoldQuest Mining has a market cap of 25.74 M, ROE of -17.42%.
Risk vs Return Analysis can help frame allocation decisions. This suggests a position in GoldQuest Mining Corp within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
GoldQuest Mining Corp has current Maximum Drawdown of 27.62. 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) |
| = | 27.62 | |
| MAX | = | Maximum notation for the range of returns on GoldQuest Mining |
GoldQuest Mining Maximum Drawdown Peers Comparison
GoldQuest Maximum Drawdown Relative To Other Indicators
GoldQuest Mining Corp ranks
fourth among pink sheets 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.
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