EnWave Maximum Drawdown
| NWVCF Stock | | | USD 0.19 -0.01 -5.00% |
This module presents the Maximum Drawdown indicator for EnWave using available market inputs. The
Equity Screeners framework provides wider technical analysis context. EnWave has a market cap of 28.04 M, operating margin of -30.12%, current ratio of 2.98. Use
Correlation Analysis to view allocation positioning. Adding EnWave to a portfolio enables side-by-side comparison with other holdings. This enables performance tracking across the full position set. Broader economic conditions can influence EnWave's company valuation — related indicators include
signals in discontinued.
EnWave has current Maximum Drawdown of 19.44. 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) |
| = | 19.44 | |
| MAX | = | Maximum notation for the range of returns on EnWave |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
EnWave is rated
below average in maximum drawdown across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set at roughly
1.00 Maximum Drawdown per unit of 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.
Compare EnWave to Peers
Other Technical Indicators