ZKB Palladium Maximum Drawdown

ZPAL Etf  CHF 374.45  -0.15  -0.04%   
The Maximum Drawdown lookup presents technical context for ZKB Palladium ETF and related instruments. Availability can vary by instrument; Equity Screeners offers additional screening access. Your Current Watchlist provides context for diversified portfolio design. Refined allocation visibility enhances overall portfolio context. The allocation includes a position in ZKB Palladium ETF within the allocation 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.
  
ZKB Palladium ETF has current Maximum Drawdown of 20.58. 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)

 = 
20.58
MAX = Maximum notation for the range of returns on ZKB Palladium

ZKB Palladium Maximum Drawdown Peers Comparison

ZKB Maximum Drawdown Relative To Other Indicators

ZKB Palladium ETF is evaluated as fourth in Maximum Drawdown in maximum drawdown as compared to similar ETFs. It is currently under evaluation. in maximum drawdown as compared to similar ETFs reporting about 1.00 of Maximum Drawdown 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.
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