TGS NOPEC Maximum Drawdown
| TGS Stock | | | NOK 126.40 1.60 1.28% |
This dataset for TGS NOPEC Geophysical reflects inputs used in the Maximum Drawdown calculation. Extended technical indicator views are accessible through
Equity Screeners. TGS NOPEC has a market cap of 20.7 B, operating margin of 49.08%, current ratio of 1.55.
World Market Map adds portfolio-level perspective. Adding TGS NOPEC Geophysical to a portfolio enables side-by-side comparison with other holdings. Risk and return metrics update as positions are added or adjusted. Broader economic conditions can influence TGS NOPEC Geophysical's company valuation — related indicators include
signals in inflation.
TGS NOPEC Geophysical has current Maximum Drawdown of 9.72. 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) |
| = | 9.72 | |
| MAX | = | Maximum notation for the range of returns on TGS NOPEC |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
TGS NOPEC Geophysical is rated
below average for maximum drawdown within its peer group. It is currently under evaluation for maximum drawdown within its peer group where Maximum Drawdown runs almost
1.00 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 TGS NOPEC to Peers
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