MMEX Resources Maximum Drawdown
| MMEX Stock | | | USD 0.0001 0.00 0.00% |
The Maximum Drawdown indicator for MMEX Resources Corp is derived from observed market data. Broader indicator relationships are reflected within
Equity Screeners. MMEX Resources has a market cap of 225.26 K, current ratio of 0.01. Review
Correlation Analysis for broader portfolio context. MMEX Resources Corp can be tracked within a custom portfolio for ongoing monitoring. All metrics are derived from available inputs and shown for reference. Broader economic conditions can influence MMEX Resources Corp's company valuation — related indicators include
signals in median.
MMEX Resources Corp has current Maximum Drawdown of 0. 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) |
| = | 0 | |
| MAX | = | Maximum notation for the range of returns on MMEX Resources |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
MMEX Resources Corp is rated
below average in maximum drawdown among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors .
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 MMEX Resources to Peers