VictoryShares WestEnd Maximum Drawdown
| MODL Etf | | | USD 45.76 -0.62 -1.34% |
VictoryShares WestEnd maximum drawdown lookup summarizes this and related technical indicators for VictoryShares WestEnd Sector. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. VictoryShares WestEnd has a market cap of 540.48 M. Use
Correlation Analysis to explore allocation context. This includes a position in VictoryShares WestEnd Sector across the allocation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in discontinued.
VictoryShares WestEnd Sector has current Maximum Drawdown of 2.86. 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) |
| = | 2.86 | |
| MAX | = | Maximum notation for the range of returns on VictoryShares WestEnd |
VictoryShares WestEnd Maximum Drawdown Peers Comparison
VictoryShares Maximum Drawdown Relative To Other Indicators
VictoryShares WestEnd Sector is rated
below average. in maximum drawdown as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs 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.
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