European Residential Maximum Drawdown
| ERE-UN Stock | | | CAD 1.19 0.01 0.85% |
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 European Residential's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
European Residential's Maximum Drawdown of 3.52 reflects a contained peak-to-trough loss. European Residential's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 3.52 | |
| MAX | = | Maximum notation for the range of returns on European Residential |
Maximum Drawdown Peers Comparison
Relative to peers, European Residential's Maximum Drawdown is below the group average of 12.34. Peer readings range from 4.55 (True North Commercial) to 22.62 (Invesque), reflecting wide dispersion across the sector. European Residential'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 European Residential 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.
European Residential's Maximum Drawdown of
3.52 runs about
1.00 times its Maximum Drawdown of
3.52 . The two measures are closely aligned in magnitude for European Residential.
Methodology, Assumptions & Data Sources
European Residential's Maximum Drawdown currently stands at 3.52. Maximum Drawdown for European Residential is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. European Residential operates in the real estate 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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