Global X Maximum Drawdown
| HXDM Etf | | | CAD 58.16 -0.16 -0.27% |
The Maximum Drawdown profile for Global X Intl is based on historical price and volume observations. Coverage may vary depending on data availability and normalization methods.
Risk vs Return Analysis provides a view into diversified allocation design. Such insight adds context to allocation decisions within a diversified portfolio. Global X Intl can be evaluated within a portfolio framework for weight and risk impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Global X Intl's etf valuation — related indicators include
signals in inflation.
Global X Intl has current Maximum Drawdown of 5.08. 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) |
| = | 5.08 | |
| MAX | = | Maximum notation for the range of returns on Global X |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Global X Intl lands at
#5 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.
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