Transcode Therapeutics Maximum Drawdown
| RNAZ Stock | | | USD 9.80 0.23 2.40% |
Transcode Therapeutics maximum drawdown lookup summarizes this and related technical indicators for Transcode Therapeutics. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Transcode Therapeutics has a market cap of 8.78 M, ROE of -17.63%. Use
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Transcode Therapeutics has current Maximum Drawdown of 35.66. 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) |
| = | 35.66 | |
| MAX | = | Maximum notation for the range of returns on Transcode Therapeutics |
Transcode Therapeutics Maximum Drawdown Peers Comparison
Transcode Maximum Drawdown Relative To Other Indicators
Transcode Therapeutics is rated
below average in maximum drawdown among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors 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.
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