Global X Maximum Drawdown
| HXEM Etf | | | CAD 48.08 -1.84 -3.69% |
The Maximum Drawdown indicator for Global X is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator.
Risk vs Return Analysis provides context for diversified portfolio design. Additional portfolio transparency improves capital positioning. Diversification analysis considers the interaction of positions within a portfolio. The holding in Global X Emerging represents an allocation. This is situated within the portfolio mix. The weighting is determined by the allocation framework in use. All metrics are derived from available inputs and shown for reference. 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.
Global X Emerging has current Maximum Drawdown of 7.9. 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) |
| = | 7.9 | |
| MAX | = | Maximum notation for the range of returns on Global X |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Global X Emerging lands at
#3 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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