Anson Resources Maximum Drawdown vs. Potential Upside

ASN Stock   0.07  0  1.47%   
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Anson Resources has current Maximum Drawdown of 32.58. 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)

 = 
32.58
MAX = Maximum notation for the range of returns on Anson Resources

Anson Resources Maximum Drawdown Peers Comparison

Anson Maximum Drawdown Relative To Other Indicators

Anson Resources is number one stock in maximum drawdown category among its peers. It is currently under evaluation in potential upside category among its peers reporting about  0.19  of Potential Upside per Maximum Drawdown. The ratio of Maximum Drawdown to Potential Upside for Anson Resources is roughly  5.38 
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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