PIMCO Global Maximum Drawdown
| PMNT Etf | | | CAD 18.74 -0.01 -0.05% |
The Maximum Drawdown indicator for PIMCO Global Short is derived from observed market data. The dataset is based on observed market activity where data is available. For portfolio construction context, review
Your Equity Center. Clearer exposure analysis supports long-term portfolio balance. Allocation decisions are shaped by the composition and weighting of holdings. No forward-looking guarantees are expressed or implied by this data. This includes a position in PIMCO Global Short. The allocation reflects this within the position set. Each holding is sized according to the methodology applied to the portfolio. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
PIMCO Global Short has current Maximum Drawdown of 0.2147. 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) |
| = | 0.2147 | |
| MAX | = | Maximum notation for the range of returns on PIMCO Global |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
PIMCO Global Short 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.
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