Ping An Maximum Drawdown
| PASW Stock | | | 0.14 -0.01 -6.67% |
The Maximum Drawdown lookup presents technical context for Ping An Biomedical and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Ping An has a market cap of 17.54 M, operating margin of -69.64%, ROE of -67.43%.
Your Equity Center can help frame allocation decisions. The allocation includes a position in Ping An Biomedical within the portfolio mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Ping An Biomedical has current Maximum Drawdown of 102.52. 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) |
| = | 102.52 | |
| MAX | = | Maximum notation for the range of returns on Ping An |
Ping An Maximum Drawdown Peers Comparison
Ping Maximum Drawdown Relative To Other Indicators
Ping An Biomedical falls in the
third position for maximum drawdown across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
1.00 ratio of Maximum Drawdown to 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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