ALPHACENTRIC HEDGED Maximum Drawdown
| HMXAX Fund | | | USD 27.65 -0.02 -0.07% |
Technical inputs supporting the Maximum Drawdown indicator for Alphacentric Hedged Market are shown here. Availability can differ across markets, exchanges, and instruments. Diversification context is available through
Risk vs Return Analysis. Diversification context helps frame allocation across holdings. Alphacentric Hedged Market can be tracked within a custom portfolio for ongoing monitoring. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence Alphacentric Hedged Market's mutual fund valuation — related indicators include
signals in nation.
Alphacentric Hedged Market has current Maximum Drawdown of 3.67. 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) |
| = | 3.67 | |
| MAX | = | Maximum notation for the range of returns on ALPHACENTRIC HEDGED |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Alphacentric Hedged Market 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 ALPHACENTRIC HEDGED to Peers
Other Technical Indicators