GROWTH STRATEGY Maximum Drawdown
| RALAX Fund | | | USD 13.01 0.11 0.85% |
The Maximum Drawdown reading for Growth Strategy Fund is computed from historical trading observations. Each data point is derived from standardized price and volume feeds. Portfolio design and allocation context appear in
Your Equity Center. Position sizing and allocation together define the portfolio construction approach. Portfolio analysis tools can evaluate how Growth Strategy Fund fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Growth Strategy Fund's mutual fund valuation — related indicators include
signals in nation.
Growth Strategy Fund has current Maximum Drawdown of 3.19. 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) |
| = | 3.19 | |
| MAX | = | Maximum notation for the range of returns on GROWTH STRATEGY |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Growth Strategy Fund 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 GROWTH STRATEGY to Peers
Other Technical Indicators