T ROWE Maximum Drawdown
| PRNEX Fund | | | USD 46.97 -0.78 -1.63% |
This module presents the Maximum Drawdown indicator for T Rowe Price using available market inputs. The
Equity Screeners framework provides wider technical analysis context. Diversification context is available through
Your Equity Center. Diversification context helps frame allocation across holdings. A position in T Rowe Price is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
T Rowe Price has current Maximum Drawdown of 5.4. 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) |
| = | 5.4 | |
| MAX | = | Maximum notation for the range of returns on T ROWE |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
T Rowe Price is rated
below average in maximum drawdown among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
1.00 of Maximum Drawdown per 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 T ROWE to Peers
Other Technical Indicators