Sparebank Maximum Drawdown
| SNOR Stock | | | NOK 184.56 -1.42 -0.76% |
The Maximum Drawdown technical lookup provides context for Sparebank 1 Nordvest and related instruments. Coverage depends on data availability and normalization;
Equity Screeners provides additional screening context. Sparebank has a market cap of 1.12 B, operating margin of 36.39%, ROE of 6.44%. Review
World Market Map for broader portfolio context. This reflects a position in Sparebank 1 Nordvest in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Sparebank 1 Nordvest has current Maximum Drawdown of 4.89. 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) |
| = | 4.89 | |
| MAX | = | Maximum notation for the range of returns on Sparebank |
Sparebank Maximum Drawdown Peers Comparison
Sparebank Maximum Drawdown Relative To Other Indicators
Sparebank 1 Nordvest is rated
below average for maximum drawdown within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.00 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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