Pha Lai Maximum Drawdown
| PPC Stock | | | 10,650 100.00 0.95% |
The Maximum Drawdown calculation for Pha Lai draws on price and volume history. Additional screening context is available through
Equity Screeners.
Your Equity Center frames the approach to diversified portfolio design. The view supports a broader understanding of portfolio structure. Tracking Pha Lai Thermal in a portfolio helps measure its contribution to overall performance. Portfolio views show how individual holdings contribute to aggregate returns. Broader economic conditions can influence Pha Lai Thermal's company valuation — related indicators include
signals in inflation.
Pha Lai Thermal has current Maximum Drawdown of 10.26. 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) |
| = | 10.26 | |
| MAX | = | Maximum notation for the range of returns on Pha Lai |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Pha Lai Thermal is rated
below average in maximum drawdown compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors 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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