Know Labs Maximum Drawdown
| KNWDelisted Stock | | | USD 0.81 -0.08 -8.99% |
This technical indicator view for Maximum Drawdown organizes signals for Know Labs and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Know Labs has a market cap of 822.26 M, ROE of -18.67%. See
Correlation Analysis for portfolio-level analysis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Know Labs has current Maximum Drawdown of 37.69. 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) |
| = | 37.69 | |
| MAX | = | Maximum notation for the range of returns on Know Labs |
Know Labs Maximum Drawdown Peers Comparison
Know Maximum Drawdown Relative To Other Indicators
Know Labs falls in the
fourth position for maximum drawdown across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
1.00 ratio of Maximum Drawdown to 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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