Precise Biometrics Maximum Drawdown
| PRBCFDelisted Stock | | | USD 0.36 0.00 0.00% |
Historical market data for Precise Biometrics AB forms the basis of the Maximum Drawdown indicator shown here. Cross-instrument Maximum Drawdown comparisons are available via
Equity Screeners. Precise Biometrics has a market cap of 30.64 M, current ratio of 1.23. See
Your Equity Center for portfolio-level analysis. Broader economic conditions can influence Precise Biometrics AB's company valuation — related indicators include
signals in discontinued.
Precise Biometrics AB has current Maximum Drawdown of 0. 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 | |
| MAX | = | Maximum notation for the range of returns on Precise Biometrics |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Precise Biometrics AB is rated
below average in maximum drawdown across its competitive set. It is currently under evaluation in maximum drawdown across its competitive set .
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.