John Hancock Maximum Drawdown
| JSGIX Fund | | | USD 27.51 0.40 1.48% |
The Maximum Drawdown reading for John Hancock Strategic is computed from historical trading observations. Broader indicator relationships are reflected within
Equity Screeners. For portfolio construction context, review
Risk vs Return Analysis. Clearer exposure analysis supports long-term portfolio balance. John Hancock Strategic can be evaluated within a portfolio framework for weight and risk impact. All values are presented as reference data. Broader economic conditions can influence John Hancock Strategic's mutual fund valuation — related indicators include
signals in gross domestic product.
John Hancock Strategic has current Maximum Drawdown of 4.31. 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) |
| = | 4.31 | |
| MAX | = | Maximum notation for the range of returns on John Hancock |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
John Hancock Strategic is rated
below average in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
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.
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