John Hancock Maximum Drawdown
| HTD Fund | | | USD 24.93 -0.37 -1.46% |
Technical inputs supporting the Maximum Drawdown indicator for John Hancock Tax are shown here. The information is based on observed market data across timeframes. Coverage differences may occur across instruments and market segments. Cross-instrument Maximum Drawdown comparisons are available via
Equity Screeners. John Hancock has a market cap of 907.19 M, operating margin of 81.9%, ROE of 7.61%. Use
Risk vs Return Analysis to view allocation positioning. Allocation details are provided as informational context. Position-level data supports the allocation summary. This reflects a position in John Hancock Tax. It is distributed across the allocation. The allocation approach determines the relative weighting of each position. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as
signals in real.
John Hancock Tax has current Maximum Drawdown of 3.26. 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) |
| = | 3.26 | |
| MAX | = | Maximum notation for the range of returns on John Hancock |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
John Hancock Tax is rated
below average for maximum drawdown versus comparable funds. It is currently under evaluation for maximum drawdown versus comparable funds with a Maximum Drawdown-to-Maximum Drawdown ratio near
1.00 .
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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