Numinus Wellness Maximum Drawdown
| NUMI Stock | | | 0.05 0.00 0.00% |
The Maximum Drawdown calculation for Numinus Wellness draws on price and volume history. All inputs are based on actual trading observations from supported exchanges. Numinus Wellness has a market cap of 16.03 M, operating margin of -34.76%, ROE of -8.58%. Review
Correlation Analysis for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. All figures are based on reported data and are informational in nature. This captures an allocation to Numinus Wellness. This is part of the broader portfolio composition. How positions are weighted depends on the construction approach used. The information is analytical in nature and is not intended as a specific recommendation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Numinus Wellness 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 Numinus Wellness |
Maximum Drawdown Relative To Other Indicators
Numinus Wellness takes the leading position in maximum drawdown compared to key competitors. It is currently under evaluation in maximum drawdown compared to key 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.
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