Global X Maximum Drawdown
| MLDR Etf | | | 49.08 0.00 0.00% |
The Maximum Drawdown indicator for Global X is constructed from normalized market data. The depth of trading history affects the precision of the indicator. Review
Correlation Analysis for context on portfolio diversification. The dataset reflects available inputs without directional implication. Global X Funds can be evaluated within a portfolio framework for weight and risk impact. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Global X Funds's etf valuation — related indicators include
signals in unemployment.
Global X Funds has current Maximum Drawdown of 1.22. 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) |
| = | 1.22 | |
| MAX | = | Maximum notation for the range of returns on Global X |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Global X Funds is rated
below average for maximum drawdown among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
1.00 against 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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