Kelt Exploration Maximum Drawdown
| KEL Stock | | | CAD 9.35 0.29 3.20% |
The Maximum Drawdown lookup presents technical context for Kelt Exploration and related instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. Kelt Exploration has a market cap of 1.86 B, operating margin of 23.87%, ROE of 5.73%. See
Correlation Analysis for portfolio-level analysis. The allocation includes a position in Kelt Exploration within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
Kelt Exploration has current Maximum Drawdown of 9.41. 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) |
| = | 9.41 | |
| MAX | = | Maximum notation for the range of returns on Kelt Exploration |
Kelt Exploration Maximum Drawdown Peers Comparison
Kelt Maximum Drawdown Relative To Other Indicators
Kelt Exploration is rated
below average in maximum drawdown compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors 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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