PIMCO Managed Maximum Drawdown
| PCON Etf | | | 17.65 -0.08 -0.45% |
Technical inputs supporting the Maximum Drawdown indicator for PIMCO Managed Conservative are shown here. The information is based on observed market data across timeframes.
Your Equity Center provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. This captures an allocation to PIMCO Managed Conservative. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
PIMCO Managed Conservative has current Maximum Drawdown of 1.18. 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) |
| = | 1.18 | |
| MAX | = | Maximum notation for the range of returns on PIMCO Managed |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
PIMCO Managed Conservative is rated
below average in maximum drawdown against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
1.00 in Maximum Drawdown for each 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 PIMCO Managed to Peers
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