Global X Maximum Drawdown
| HXS Etf | | | CAD 92.26 -1.52 -1.62% |
This module presents the Maximum Drawdown indicator for Global X SAMPP using available market inputs. The underlying data comes from exchange-reported trading records. Coverage differences may occur across instruments and market segments. This dataset is part of a broader indicator framework including
Equity Screeners.
Risk vs Return Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. Portfolio balance depends on how holdings are weighted relative to each other. The allocation shows a weighting toward Global X SAMPP. The position is captured in the allocation summary. Each holding is sized according to the methodology applied to the portfolio. All figures are based on reported data and are informational in nature. 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 SAMPP has current Maximum Drawdown of 3.56. 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) |
| = | 3.56 | |
| MAX | = | Maximum notation for the range of returns on Global X |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Global X SAMPP 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 Global X to Peers
Other Technical Indicators