PRECIOUS METALS Maximum Drawdown
| RYMPX Fund | | | USD 284.21 -6.29 -2.17% |
This technical indicator view for Maximum Drawdown organizes signals for Precious Metals Fund and comparable instruments. Some instruments may have limited coverage due to data differences;
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Precious Metals Fund has current Maximum Drawdown of 18.51. 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) |
| = | 18.51 | |
| MAX | = | Maximum notation for the range of returns on PRECIOUS METALS |
PRECIOUS METALS Maximum Drawdown Peers Comparison
PRECIOUS Maximum Drawdown Relative To Other Indicators
Precious Metals Fund ranks first 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.
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