Harvest Equal Maximum Drawdown
| HUTE Etf | | | 12.18 -0.18 -1.46% |
The Maximum Drawdown profile for Harvest Equal Weight is based on historical price and volume observations. All inputs reflect available trading data across supported markets. Normalization methods and data feeds may affect reported values. Related screening structures are referenced through
Equity Screeners.
Risk vs Return Analysis provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Diversification analysis considers the interaction of positions within a portfolio. Reported data is organized for reference and does not imply a course of action. The allocation includes a position in Harvest Equal Weight. It is distributed across the allocation. The weighting is determined by the allocation framework in use. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Harvest Equal Weight has current Maximum Drawdown of 3.65. 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) |
| = | 3.65 | |
| MAX | = | Maximum notation for the range of returns on Harvest Equal |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Harvest Equal Weight is rated
below average in maximum drawdown against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
1.00 in Maximum Drawdown for each unit of 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 Harvest Equal to Peers
Other Technical Indicators