MAIA Biotechnology Maximum Drawdown vs. Kurtosis

MAIA Stock  USD 2.21  0.03  1.38%   
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MAIA Biotechnology has current Maximum Drawdown of 28.1. 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)

 = 
28.1
MAX = Maximum notation for the range of returns on MAIA Biotechnology

MAIA Biotechnology Maximum Drawdown Peers Comparison

MAIA Maximum Drawdown Relative To Other Indicators

MAIA Biotechnology is rated below average in maximum drawdown category among its peers. It is currently under evaluation in kurtosis category among its peers making up about  0.03  of Kurtosis per Maximum Drawdown. The ratio of Maximum Drawdown to Kurtosis for MAIA Biotechnology is roughly  38.03 
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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