TD Canadian Maximum Drawdown
| TBNK Etf | | | 42.05 -0.71 -1.66% |
This technical indicator view for Maximum Drawdown organizes signals for TD Canadian Bank and comparable instruments. Data availability can vary by region and feed;
Equity Screeners provides broader screening access. Review
World Market Map to understand diversified portfolio construction. Broader allocation clarity strengthens diversification analysis. This suggests a position in TD Canadian Bank inside the allocation mix. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
TD Canadian Bank has current Maximum Drawdown of 5.42. 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) |
| = | 5.42 | |
| MAX | = | Maximum notation for the range of returns on TD Canadian |
TD Canadian Maximum Drawdown Peers Comparison
TBNK Maximum Drawdown Relative To Other Indicators
TD Canadian Bank lands at
#5 in maximum drawdown against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.