Renaissancere Holdings Maximum Drawdown
| RNR Stock | | | USD 295.71 0.00 0.00% |
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 Renaissancere Holdings's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
Renaissancere Holdings registers a Maximum Drawdown of 6.22, reflecting a contained peak-to-trough loss. Renaissancere Holdings's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 6.22 | |
| MAX | = | Maximum notation for the range of returns on Renaissancere Holdings |
Maximum Drawdown Peers Comparison
The peer group averages 8.21 for Maximum Drawdown, with Renaissancere Holdings at 6.22 falling below that level. Readings span 4.94 (Globe Life) to 12.66 (Reinsurance Group of). Renaissancere Holdings'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 Renaissancere Holdings 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.
Renaissancere Holdings's Maximum Drawdown reads
6.22 while Maximum Drawdown reads
6.22 , a
1.00 ratio between the two. The two measures are closely aligned in magnitude for Renaissancere Holdings.
Methodology, Assumptions & Data Sources
Renaissancere Holdings' Maximum Drawdown currently stands at 6.22. The Maximum Drawdown for Renaissancere Holdings applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. The underlying data comes from exchange-reported daily closes with corporate action adjustments applied where relevant. Renaissancere Holdings operates in the financial services sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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