Garuda Indonesia Maximum Drawdown vs. Skewness

GIAA Stock  IDR 59.00  1.00  1.72%   
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Garuda Indonesia Persero has current Maximum Drawdown of 12.62. 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)

 = 
12.62
MAX = Maximum notation for the range of returns on Garuda Indonesia

Garuda Indonesia Maximum Drawdown Peers Comparison

Garuda Maximum Drawdown Relative To Other Indicators

Garuda Indonesia Persero is rated # 3 in maximum drawdown category among its peers. It is currently under evaluation in skewness category among its peers .
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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