Mackenzie Large Maximum Drawdown
| QAH Etf | | | CAD 214.10 -1.08 -0.50% |
The Maximum Drawdown signal for Mackenzie Large Cap reflects patterns observed in trading data. All values reflect available price and volume data across reporting intervals. Availability can differ across markets, exchanges, and instruments.
Your Equity Center provides context for diversified portfolio construction. Additional portfolio transparency improves capital positioning. The holding in Mackenzie Large Cap represents an allocation. It is represented within the portfolio holdings. Position allocation is driven by the portfolio construction model. The dataset is presented as structured reference material for independent review. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Mackenzie Large Cap has current Maximum Drawdown of 3.16. 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) |
| = | 3.16 | |
| MAX | = | Maximum notation for the range of returns on Mackenzie Large |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Mackenzie Large Cap is rated
below average in maximum drawdown against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs 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.
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