RBC Canadian Maximum Drawdown
| RBNK Etf | | | CAD 39.64 0.37 0.94% |
This module presents the Maximum Drawdown indicator for RBC Canadian Bank using available market inputs. The indicator computation uses normalized market activity data.
Your Equity Center provides a view into diversified allocation design. Diversification analysis considers the interaction of positions within a portfolio. Adding RBC Canadian Bank to a portfolio enables side-by-side comparison with other holdings. Allocation models determine the relative weighting of each position in the portfolio. Broader economic conditions can influence RBC Canadian Bank's etf valuation — related indicators include
signals in inflation.
RBC Canadian Bank has current Maximum Drawdown of 4.88. 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) |
| = | 4.88 | |
| MAX | = | Maximum notation for the range of returns on RBC Canadian |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
RBC Canadian Bank lands at
#5 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.
Compare RBC Canadian to Peers
Other Technical Indicators