Equinor ASA Maximum Drawdown
| EQNR Stock | | | USD 38.53 0.01 0.03% |
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 Equinor ASA's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
Equinor ASA has a Maximum Drawdown of 15.56, indicating a moderate peak-to-trough loss. This places Equinor ASA's drawdown exposure within the typical range for Oil, Gas & Consumable Fuels.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 15.56 | |
| MAX | = | Maximum notation for the range of returns on Equinor ASA |
Maximum Drawdown Peers Comparison
Relative to peers, Equinor ASA's Maximum Drawdown is above the group average of 8.83. Peer readings range from 5.43 (Kinder Morgan) to 11.51 (Marathon Petroleum Corp), reflecting moderate dispersion across the sector. Equinor ASA's deeper drawdown relative to peers indicates greater historical downside exposure.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for Equinor ASA 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.
Equinor ASA's Maximum Drawdown reads
15.56 while Maximum Drawdown reads
15.56 , a
1.00 ratio between the two. The two measures are closely aligned in magnitude for Equinor ASA.
Methodology, Assumptions & Data Sources
Equinor ASA has a current Maximum Drawdown reading of 15.56. The Maximum Drawdown for Equinor ASA applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Equinor ASA operates in the energy sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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