Madison Covered Maximum Drawdown
| CVRD ETF | | | 18.67 0.03 0.16% |
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 Madison Covered's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
The Maximum Drawdown of 2.45 for Madison Covered indicates a contained peak-to-trough loss. Madison Covered's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 2.45 | |
| MAX | = | Maximum notation for the range of returns on Madison Covered |
Maximum Drawdown Peers Comparison
Among sector peers, Madison Covered's Maximum Drawdown of 2.45 is below the 6.23 group average. The range runs from 3.16 (Collaborative Investment Series) to 11.2 (Siren Nasdaq NexGen). Madison Covered'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 Madison Covered 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.
With Maximum Drawdown at
2.45 and Maximum Drawdown at
2.45 , Madison Covered shows a
1.00 -to-one ratio between these indicators. The two measures are closely aligned in magnitude for Madison Covered.
Methodology, Assumptions & Data Sources
The current Maximum Drawdown for Madison Covered is 2.45. The Maximum Drawdown for Madison Covered applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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