T Rowe Maximum Drawdown
| TCAF Etf | | | 35.54 -0.53 -1.47% |
The Maximum Drawdown indicator for T Rowe is constructed from normalized market data. Values reflect historical observations within the available dataset. The depth of trading history affects the precision of the indicator. For portfolio construction context, review
World Market Map. Diversification context helps frame allocation across holdings. A position in T Rowe Price is part of the allocation. It is reflected in the overall portfolio structure. How positions are weighted depends on the construction approach used. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in nation.
T Rowe Price has current Maximum Drawdown of 3.26. 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) |
| = | 3.26 | |
| MAX | = | Maximum notation for the range of returns on T Rowe |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
T Rowe Price is rated
below average in maximum drawdown relative to comparable ETFs. It is currently under evaluation in maximum drawdown relative to comparable ETFs at roughly
1.00 Maximum Drawdown per 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.
Compare T Rowe to Peers
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