OceanaGold Maximum Drawdown
| OGC Stock | | | CAD 41.44 -1.71 -3.96% |
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 OceanaGold's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
With Maximum Drawdown at 15.58, OceanaGold shows a moderate peak-to-trough loss. This places OceanaGold's drawdown exposure within the typical range for Metals & Mining.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 15.58 | |
| MAX | = | Maximum notation for the range of returns on OceanaGold |
Maximum Drawdown Peers Comparison
Relative to peers, OceanaGold's Maximum Drawdown is below the group average of 17.63. Peer readings range from 13.66 (Artemis Gold) to 23.18 (SSR Mining), reflecting moderate dispersion across the sector. OceanaGold'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 OceanaGold 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.
OceanaGold shows nearly
1.00 of Maximum Drawdown per unit of Maximum Drawdown (
15.58 versus
15.58 ). The two measures are closely aligned in magnitude for OceanaGold.
Methodology, Assumptions & Data Sources
The current Maximum Drawdown for OceanaGold is 15.58. The Maximum Drawdown for OceanaGold applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. OceanaGold operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The output reflects the selected calculation window — changing the horizon will produce different readings. This stock metric is provided for analytical reference.
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