National Bank Maximum Drawdown
| NA Stock | | | CAD 207.84 1.17 0.57% |
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 National Bank's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
With Maximum Drawdown at 8.89, National Bank shows a contained peak-to-trough loss. National Bank's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 8.89 | |
| MAX | = | Maximum notation for the range of returns on National Bank |
Maximum Drawdown Peers Comparison
The peer group averages 6.58 for Maximum Drawdown, with National Bank at 8.89 falling above that level. Readings span 2.87 (Toronto Dominion Bank Pref) to 11.3 (Fairfax Financial Holdings). National Bank's deeper drawdown relative to peers indicates greater historical downside exposure.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for National Bank 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.
National Bank shows nearly
1.00 of Maximum Drawdown per unit of Maximum Drawdown (
8.89 versus
8.89 ). The two measures are closely aligned in magnitude for National Bank.
Methodology, Assumptions & Data Sources
The current Maximum Drawdown for National Bank is 8.89. This Maximum Drawdown reading for National Bank results from applying the indicator's calculation rules to price and volume data over the selected window. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. National Bank operates in the financial services 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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