Invesco DWA Maximum Drawdown
| PTH Etf | | | USD 48.19 0.42 0.88% |
The Maximum Drawdown signal for Invesco DWA Healthcare reflects patterns observed in trading data. Comparable indicator datasets are structured within
Equity Screeners.
Your Equity Center provides a view into diversified allocation design. Diversification context is built from the relationships between portfolio holdings. Invesco DWA Healthcare can be included in a portfolio to evaluate diversification impact. Diversification analysis reveals overlap and concentration across holdings. Broader economic conditions can influence Invesco DWA Healthcare's etf valuation — related indicators include
signals in population.
Invesco DWA Healthcare has current Maximum Drawdown of 7.07. 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) |
| = | 7.07 | |
| MAX | = | Maximum notation for the range of returns on Invesco DWA |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Invesco DWA Healthcare places
third for maximum drawdown across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly
1.00 in Maximum Drawdown for every 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 Invesco DWA to Peers
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