Stayble Therapeutics Maximum Drawdown
| STABL Stock | | | SEK 0.17 -0.01 -5.56% |
Observed values used to calculate the Maximum Drawdown technical indicator for Stayble Therapeutics AB. Certain instruments may report limited data depending on market coverage.
Stayble Therapeutics AB has current Maximum Drawdown of 27.38. 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) |
| = | 27.38 | |
| MAX | = | Maximum notation for the range of returns on Stayble Therapeutics |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Stayble Therapeutics AB is rated
below average in maximum drawdown relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
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.
Compare Stayble Therapeutics to Peers
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