TD Q Maximum Drawdown
| TQCD Etf | | | CAD 25.63 -0.26 -1.00% |
The Maximum Drawdown reading for TD Q Canadian is computed from historical trading observations. Values reflect historical observations within the available dataset. Normalization methods and data feeds may affect reported values. Broader indicator relationships are reflected within
Equity Screeners. Diversification context is available through
World Market Map. Allocation context can improve visibility into portfolio balance. Diversification context is built from the relationships between portfolio holdings. The content reflects structured data inputs rather than subjective analysis. A position in TD Q Canadian is part of the allocation. This appears in the portfolio view. 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 Q Canadian has current Maximum Drawdown of 3.75. 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) |
| = | 3.75 | |
| MAX | = | Maximum notation for the range of returns on TD Q |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
TD Q Canadian 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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