Tekla Life Maximum Drawdown
| HQL Stock | | | USD 16.37 -0.25 -1.50% |
The Maximum Drawdown technical lookup provides context for Tekla Life Sciences and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Tekla Life has a market cap of 484.53 M, operating margin of -3.47%, ROE of 17.59%. See
Risk vs Return Analysis for portfolio-level analysis. The allocation includes a position in Tekla Life Sciences in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in small area income & poverty estimates.
Tekla Life Sciences has current Maximum Drawdown of 5.49. 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) |
| = | 5.49 | |
| MAX | = | Maximum notation for the range of returns on Tekla Life |
Tekla Life Maximum Drawdown Peers Comparison
Tekla Maximum Drawdown Relative To Other Indicators
Tekla Life Sciences is rated
below average for maximum drawdown within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.00 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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