Invesco KBW Maximum Drawdown
| KBWD Etf | | | USD 12.35 -0.38 -2.99% |
This module presents the Maximum Drawdown indicator for Invesco KBW High using available market inputs. Exchange-specific data schedules may affect the recency of readings. Review
Correlation Analysis for context on portfolio diversification. Allocation structure reflects how positions are distributed across the portfolio. The allocation includes a position in Invesco KBW High. It is distributed across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in small area income & poverty estimates.
Invesco KBW High has current Maximum Drawdown of 4.54. 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) |
| = | 4.54 | |
| MAX | = | Maximum notation for the range of returns on Invesco KBW |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Invesco KBW High is rated
below average for maximum drawdown among peer ETFs. It is currently under evaluation for maximum drawdown among peer ETFs with a Maximum Drawdown-to-Maximum Drawdown ratio near
1.00 .
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 Invesco KBW to Peers
Other Technical Indicators