Primoris Services Maximum Drawdown
| PRIM Stock | | | USD 138.82 -4.26 -2.98% |
Historical market data for Primoris Services forms the basis of the Maximum Drawdown indicator shown here. The indicator computation uses normalized market activity data. Primoris Services has a market cap of 7.73 B, operating margin of 4.17%, ROE of 17.79%. See
Your Equity Center for portfolio-level analysis. Allocation data is presented for contextual reference. This suggests a position in Primoris Services. This appears in the portfolio view. Position weights are derived from the portfolio construction methodology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
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Primoris Services has current Maximum Drawdown of 16.78. 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) |
| = | 16.78 | |
| MAX | = | Maximum notation for the range of returns on Primoris Services |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Primoris Services lands at
#2 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.
Compare Primoris Services to Peers
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