PRUDENTIAL TOTAL Maximum Drawdown
| PDBZX Fund | | | USD 11.96 -0.08 -0.66% |
Historical market data for Prudential Total Return forms the basis of the Maximum Drawdown indicator shown here. Coverage may vary depending on data availability and normalization methods.
Your Equity Center provides a view into diversified allocation design. Diversification context is built from the relationships between portfolio holdings. Including Prudential Total Return in a portfolio enables allocation and risk analysis. All figures are based on reported data and are informational in nature. Broader economic conditions can influence Prudential Total Return's mutual fund valuation — related indicators include
signals in nation.
Prudential Total Return has current Maximum Drawdown of 1.32. 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) |
| = | 1.32 | |
| MAX | = | Maximum notation for the range of returns on PRUDENTIAL TOTAL |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Prudential Total Return is rated
below average in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
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.
Compare PRUDENTIAL TOTAL to Peers
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