ICON FINANCIAL Maximum Drawdown
| ICFAX Fund | | | USD 8.86 0.04 0.45% |
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 ICON FINANCIAL's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
The Maximum Drawdown of 4.58 for ICON FINANCIAL indicates a contained peak-to-trough loss. ICON FINANCIAL's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 4.58 | |
| MAX | = | Maximum notation for the range of returns on ICON FINANCIAL |
Maximum Drawdown Peers Comparison
Among sector peers, ICON FINANCIAL's Maximum Drawdown of 4.58 is below the 4.76 group average. The range runs from 0.6708 (Doubleline Emerging Markets) to 8.42 (Templeton Developing Markets). ICON FINANCIAL'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 Icon Financial 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.
ICON FINANCIAL's Maximum Drawdown of
4.58 runs about
1.00 times its Maximum Drawdown of
4.58 . The two measures are closely aligned in magnitude for ICON FINANCIAL.
Methodology, Assumptions & Data Sources
ICON FINANCIAL's Maximum Drawdown currently stands at 4.58. The Maximum Drawdown for ICON FINANCIAL is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. ICON FINANCIAL operates in the financial sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Indicator accuracy depends on data continuity across the calculation period. Gaps in trading history may affect the output.
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