AMG MANAGERS Maximum Drawdown
| MECIX Fund | | | USD 54.12 -1.27 -2.29% |
The Maximum Drawdown calculation for AMG MANAGERS draws on price and volume history. Data availability for the calculation period determines indicator completeness. Portfolio design and allocation context appear in
Correlation Analysis. The view supports a broader understanding of portfolio structure. This captures an allocation to Amg Managers Cadence. This is part of the broader portfolio composition. 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 gross domestic product.
Amg Managers Cadence has current Maximum Drawdown of 4.44. 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) |
| = | 4.44 | |
| MAX | = | Maximum notation for the range of returns on AMG MANAGERS |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Amg Managers Cadence is rated
fourth 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 AMG MANAGERS to Peers
Other Technical Indicators