VERSATILE BOND Maximum Drawdown
| PRVBX Fund | | | USD 64.63 -0.22 -0.34% |
The Maximum Drawdown indicator for VERSATILE BOND is constructed from normalized market data. All inputs reflect available trading data across supported markets. Some instruments may report limited inputs depending on trading history. Related indicator context is organized within
Equity Screeners.
Your Equity Center provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. The holding in Versatile Bond Portfolio represents an allocation. It is represented within the portfolio holdings. 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 bureau of labor statistics.
Versatile Bond Portfolio has current Maximum Drawdown of 0.4157. 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) |
| = | 0.4157 | |
| MAX | = | Maximum notation for the range of returns on VERSATILE BOND |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Versatile Bond Portfolio 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 VERSATILE BOND to Peers
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