SPDR SSGA Maximum Drawdown
| XLSR Etf | | | USD 58.54 0.58 1.00% |
The Maximum Drawdown indicator for SPDR SSGA is constructed from normalized market data. Some instruments may report limited inputs depending on trading history. Review
Your Current Watchlist for context on portfolio diversification. All metrics are derived from available inputs and shown for reference. Monitoring SPDR SSGA Sector within a portfolio highlights how it interacts with other holdings. The relative size of each holding follows the selected allocation framework. Broader economic conditions can influence SPDR SSGA Sector's etf valuation — related indicators include
signals in main economic indicators.
SPDR SSGA Sector has current Maximum Drawdown of 3.39. 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) |
| = | 3.39 | |
| MAX | = | Maximum notation for the range of returns on SPDR SSGA |
Maximum Drawdown Peers Comparison
Maximum Drawdown Relative To Other Indicators
SPDR SSGA Sector is ranked
fifth for maximum drawdown among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs with Maximum Drawdown measuring nearly
1.00 against 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 SPDR SSGA to Peers
Other Technical Indicators