Penguin Solutions Maximum Drawdown
| PENG Stock | | | 17.93 0.41 2.34% |
The Maximum Drawdown reading for Penguin Solutions is computed from historical trading observations. Broader indicator relationships are reflected within
Equity Screeners. Penguin Solutions has a market cap of 920.85 M, operating margin of 6.95%, ROE of 5.71%.
Your Equity Center can help frame allocation decisions. This reflects a position in Penguin Solutions. It is distributed across the allocation. 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.
For information on how to trade Penguin Stock refer to our
How to Invest in Penguin Solutions guide. It explains the process for buying and trading Penguin Stock effectively.
Penguin Solutions has current Maximum Drawdown of 17.68. 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) |
| = | 17.68 | |
| MAX | = | Maximum notation for the range of returns on Penguin Solutions |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Penguin Solutions 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 Penguin Solutions to Peers
Other Technical Indicators