Madison Dividend Maximum Drawdown
| MADAX Fund | | | USD 25.19 -0.18 -0.71% |
The Maximum Drawdown indicator for Madison Dividend is constructed from normalized market data. Values reflect historical observations within the available dataset.
Correlation Analysis provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. This suggests a position in Madison Dividend Income. The position sits inside the allocation mix. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Madison Dividend Income has current Maximum Drawdown of 2.74. 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) |
| = | 2.74 | |
| MAX | = | Maximum notation for the range of returns on Madison Dividend |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Madison Dividend Income ranks first 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.
Compare Madison Dividend to Peers
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