Andretti Acquisition Maximum Drawdown
| POLE Stock | | | 10.70 0.01 0.09% |
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 Andretti Acquisition's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
With Maximum Drawdown at 0.4713, Andretti Acquisition shows a contained peak-to-trough loss. Andretti Acquisition's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 0.4713 | |
| MAX | = | Maximum notation for the range of returns on Andretti Acquisition |
Maximum Drawdown Peers Comparison
Andretti Acquisition falls below the 1.12 peer average for Maximum Drawdown. Archimedes Tech SPAC leads at 2.18 while Aldel Financial II registers the lowest at 0.6649. Andretti Acquisition'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 Andretti Acquisition 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
0.47 and Maximum Drawdown at
0.47 , Andretti Acquisition shows a
1.00 -to-one ratio between these indicators. The two measures are closely aligned in magnitude for Andretti Acquisition.
Methodology, Assumptions & Data Sources
The current Maximum Drawdown for Andretti Acquisition is 0.4713. The Maximum Drawdown for Andretti Acquisition is produced by transforming raw price history into a standardized measure according to the indicator's defined methodology. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Andretti Acquisition 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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