Renew Energy Maximum Drawdown
| RNW Stock | | | USD 5.66 0.04 0.71% |
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 Renew Energy's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
Renew Energy carries a Maximum Drawdown of 8.53, consistent with a contained peak-to-trough loss. Renew Energy's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 8.53 | |
| MAX | = | Maximum notation for the range of returns on Renew Energy |
Maximum Drawdown Peers Comparison
The peer group averages 11.2 for Maximum Drawdown, with Renew Energy at 8.53 falling below that level. Readings span 6.41 (Avista) to 18.04 (Fluence Energy). Renew Energy'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 Renew Energy 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.
Renew Energy produces
1.00 in Maximum Drawdown for each unit of Maximum Drawdown, with respective readings of
8.53 and
8.53 . The two measures are closely aligned in magnitude for Renew Energy.
Methodology, Assumptions & Data Sources
Renew Energy has a current Maximum Drawdown reading of 8.53. Maximum Drawdown for Renew Energy is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Renew Energy operates in the utilities 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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