Aberdeen Multi Maximum Drawdown
| GGLIX Fund | | | USD 13.99 -0.13 -1.15% |
This module presents the Maximum Drawdown indicator for Aberdeen Multi Cap Equity using available market inputs. The indicator computation uses normalized market activity data. Use
Risk vs Return Analysis to better understand diversified portfolio construction. The diversification view provides additional analytical depth. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as various price indices.
Aberdeen Multi Cap Equity has current Maximum Drawdown of 3.93. 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) |
| = | 3.93 | |
| MAX | = | Maximum notation for the range of returns on Aberdeen Multi |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Aberdeen Multi Cap Equity is rated
below average in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds 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.
Compare Aberdeen Multi to Peers
Other Technical Indicators