SIMPPLE Maximum Drawdown
| SPPL Stock | | | 2.18 0.17 8.46% |
Technical inputs supporting the Maximum Drawdown indicator for SIMPPLE LTD Ordinary are shown here. Cross-instrument Maximum Drawdown comparisons are available via
Equity Screeners. SIMPPLE has a market cap of 12.61 M, operating margin of -44.82%.
World Market Map can help frame allocation decisions. Adding SIMPPLE LTD Ordinary to a portfolio enables side-by-side comparison with other holdings. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence SIMPPLE LTD Ordinary's company valuation — related indicators include
signals in employment.
SIMPPLE LTD Ordinary has current Maximum Drawdown of 21.12. 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) |
| = | 21.12 | |
| MAX | = | Maximum notation for the range of returns on SIMPPLE |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
SIMPPLE LTD Ordinary 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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