Nuveen Mortgage Maximum Drawdown
| JLS Etf | | | USD 17.97 -0.08 -0.44% |
Technical inputs supporting the Maximum Drawdown indicator for Nuveen Mortgage Opportunity are shown here. The information is based on observed market data across timeframes. Nuveen Mortgage has a market cap of 97.46 M. See
Risk vs Return Analysis for portfolio-level analysis. Nuveen Mortgage Opportunity can be included in a portfolio to evaluate diversification impact. Weighting is typically determined by the allocation framework in use. Broader economic conditions can influence Nuveen Mortgage Opportunity's etf valuation — related indicators include
signals in board of governors.
Nuveen Mortgage Opportunity has current Maximum Drawdown of 2.84. 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) |
| = | 2.84 | |
| MAX | = | Maximum notation for the range of returns on Nuveen Mortgage |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Nuveen Mortgage Opportunity is rated
below average in maximum drawdown across the ETF category. It is currently under evaluation in maximum drawdown across the ETF category yielding
1.00 of Maximum Drawdown per 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 Nuveen Mortgage to Peers
Other Technical Indicators