Ingevity Corp Maximum Drawdown
| NGVT Stock | | | USD 71.78 2.28 3.28% |
The Maximum Drawdown indicator for Ingevity Corp is constructed from normalized market data. The
Equity Screeners module supports multi-indicator technical analysis. Ingevity Corp has a market cap of 2.45 B, operating margin of 15.21%, current ratio of 2.54. See
Correlation Analysis for portfolio-level analysis. Tracking Ingevity Corp in a portfolio provides context for performance attribution. All values are based on available data and provided as reference information. Broader economic conditions can influence Ingevity Corp's company valuation — related indicators include
signals in persons.
The fundamentals of trading Ingevity Stock are covered in our
How to Buy Ingevity Corp walkthrough.
Ingevity Corp has current Maximum Drawdown of 7.6. 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) |
| = | 7.6 | |
| MAX | = | Maximum notation for the range of returns on Ingevity Corp |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Ingevity Corp is rated
below average in maximum drawdown relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
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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