Genesis Unicorn Maximum Drawdown

GENQDelisted Stock  USD 10.47  0.03  0.29%   
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Genesis Unicorn Capital has current Maximum Drawdown of 2.46. 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)

 = 
2.46
MAX = Maximum notation for the range of returns on Genesis Unicorn

Genesis Unicorn Maximum Drawdown Peers Comparison

Genesis Maximum Drawdown Relative To Other Indicators

Genesis Unicorn Capital is rated # 3 in maximum drawdown category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  1.00  of Maximum Drawdown per Maximum Drawdown.
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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