Applied Industrial Maximum Drawdown
| AIT Stock | | | USD 310.37 -5.02 -1.59% |
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. Below is Applied Industrial's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
Applied Industrial registers a Maximum Drawdown of 6.21, reflecting a contained peak-to-trough loss. Applied Industrial's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 6.21 | |
| MAX | = | Maximum notation for the range of returns on Applied Industrial |
Maximum Drawdown Peers Comparison
The peer group averages 15.3 for Maximum Drawdown, with Applied Industrial at 6.21 falling below that level. Readings span 8.13 (Core Main) to 24.69 (Generac Holdings). Applied Industrial's shallower drawdown relative to peers indicates more contained historical downside.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for Applied Industrial and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Comparing Maximum Drawdown (
6.21 ) to Maximum Drawdown (
6.21 ) for Applied Industrial yields a
1.00 multiple. The two measures are closely aligned in magnitude for Applied Industrial.
Methodology, Assumptions & Data Sources
The current Maximum Drawdown for Applied Industrial is 6.21. This Maximum Drawdown reading for Applied Industrial results from applying the indicator's calculation rules to price and volume data over the selected window. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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