Geospace Technologies Maximum Drawdown
The Maximum Drawdown indicator for Geospace Technologies is derived from observed market data. Exchange-specific data schedules may affect the recency of readings.
Geospace Technologies has a market cap of 149.5 M, operating margin of -39.28%, current ratio of 4.62. Review
Risk vs Return Analysis for a broader allocation view. Broader economic conditions can influence Geospace Technologies's company valuation — related indicators include
signals in metropolitan statistical area.
Geospace Technologies has current Maximum Drawdown of 51.37. 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) |
| = | 51.37 | |
| MAX | = | Maximum notation for the range of returns on Geospace Technologies |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Geospace Technologies earns the top ranking in maximum drawdown relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
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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