Enbridge Maximum Drawdown
| ENB Stock | | | USD 53.59 -0.40 -0.74% |
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 Enbridge's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
The Maximum Drawdown of 7.18 for Enbridge indicates a contained peak-to-trough loss. Enbridge's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 7.18 | |
| MAX | = | Maximum notation for the range of returns on Enbridge |
Maximum Drawdown Peers Comparison
Among sector peers, Enbridge's Maximum Drawdown of 7.18 is below the 7.7 group average. The range runs from 5.22 (Energy Transfer LP) to 10.66 (BP PLC ADR). Enbridge'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 Enbridge 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.
Enbridge's Maximum Drawdown of
7.18 runs about
1.00 times its Maximum Drawdown of
7.18 . The two measures are closely aligned in magnitude for Enbridge.
Methodology, Assumptions & Data Sources
Enbridge has a current Maximum Drawdown reading of 7.18. The Maximum Drawdown for Enbridge is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Enbridge operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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