TD Select Maximum Drawdown
| TCSB Etf | | | CAD 14.76 0.07 0.48% |
Historical market data for TD Select Short forms the basis of the Maximum Drawdown indicator shown here. Coverage may vary depending on data availability and normalization methods. Review
World Market Map for context on portfolio diversification. Portfolio-level transparency adds depth to allocation analysis. Portfolio analysis tools can evaluate how TD Select Short fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence TD Select Short's etf valuation — related indicators include
signals in inflation.
TD Select Short has current Maximum Drawdown of 0.8792. 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) |
| = | 0.8792 | |
| MAX | = | Maximum notation for the range of returns on TD Select |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
TD Select Short is rated
below average 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.
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