Sernova Corp Maximum Drawdown
| SVA Stock | | | 0.15 -0.01 -6.25% |
The Maximum Drawdown indicator for Sernova Corp is constructed from normalized market data. Some instruments may report limited inputs depending on trading history. Sernova Corp has a market cap of 51.31 M, ROE of -7.26%.
World Market Map adds portfolio-level perspective. This includes a position in Sernova Corp. The allocation reflects this within the position set. 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.
Sernova Corp has current Maximum Drawdown of 27.68. 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) |
| = | 27.68 | |
| MAX | = | Maximum notation for the range of returns on Sernova Corp |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
Sernova Corp lands at
#5 in maximum drawdown compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
1.00 in Maximum Drawdown for each unit of 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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