YieldMax Gold Maximum Drawdown
| GDXY ETF | | | 13.29 0.38 2.94% |
The Maximum Drawdown signal for YieldMax Gold Miners reflects patterns observed in trading data. All inputs are based on actual trading observations from supported exchanges.
Risk vs Return Analysis provides a view into diversified allocation design. Diversification analysis considers the interaction of positions within a portfolio. Portfolio tools allow users to monitor YieldMax Gold Miners alongside other positions. Correlation data between positions helps assess portfolio-level risk. Broader economic conditions can influence YieldMax Gold Miners's ETF valuation — related indicators include
signals in services.
YieldMax Gold Miners has current Maximum Drawdown of 16.04. 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) |
| = | 16.04 | |
| MAX | = | Maximum notation for the range of returns on YieldMax Gold |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
YieldMax Gold Miners is rated
second 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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