Owens Corning Maximum Drawdown
| OC Stock | | | USD 129.53 6.63 5.39% |
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 Owens Corning's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
A Maximum Drawdown of 12.17 for Owens Corning signals a moderate peak-to-trough loss. This places Owens Corning's drawdown exposure within the typical range for Stock.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 12.17 | |
| MAX | = | Maximum notation for the range of returns on Owens Corning |
Maximum Drawdown Peers Comparison
Owens Corning's Maximum Drawdown of 12.17 falls below the 14.48 peer average. Values range from 8.17 (Johnson Controls International) to 29.07 (Jeld Wen Holding), with wide dispersion across the group. Owens Corning'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 Owens Corning 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.
With Maximum Drawdown at
12.17 and Maximum Drawdown at
12.17 , Owens Corning shows a
1.00 -to-one ratio between these indicators. The two measures are closely aligned in magnitude for Owens Corning.
Methodology, Assumptions & Data Sources
Owens Corning has a current Maximum Drawdown reading of 12.17. The Maximum Drawdown for Owens Corning is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. Data sources include daily closing prices from supported exchanges, with standard corporate action adjustments applied. Values are specific to the selected time horizon and may differ across measurement periods. This indicator does not constitute investment advice.
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