Mount Gibson Maximum Drawdown
| MGX Stock | | | 0.39 -0.01 -2.50% |
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 Mount Gibson's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
Mount Gibson has a Maximum Drawdown of 12.04, indicating a moderate peak-to-trough loss. This places Mount Gibson's drawdown exposure within the typical range for Stock.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 12.04 | |
| MAX | = | Maximum notation for the range of returns on Mount Gibson |
Maximum Drawdown Peers Comparison
Mount Gibson falls below the 16.46 peer average for Maximum Drawdown. Northern Star Resources leads at 24.94 while Bluescope Steel registers the lowest at 7.74. Mount Gibson'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 Mount Gibson 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.
Comparing Maximum Drawdown (
12.04 ) to Maximum Drawdown (
12.04 ) for Mount Gibson yields a
1.00 multiple. The two measures are closely aligned in magnitude for Mount Gibson.
Methodology, Assumptions & Data Sources
Mount Gibson has a current Maximum Drawdown reading of 12.04. Maximum Drawdown for Mount Gibson is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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