KENNAMETAL Maximum Drawdown

489170AE0   96.36  1.74  1.77%   
KENNAMETAL maximum-drawdown technical analysis lookup allows you to check this and other technical indicators for KENNAMETAL INC 4625 or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
KENNAMETAL INC 4625 has current Maximum Drawdown of 3.6. 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.

Maximum Drawdown

=

MAX(HIGH - LOW)

 = 
3.6
MAX = Maximum notation for the range of returns on KENNAMETAL

KENNAMETAL Maximum Drawdown Peers Comparison

KENNAMETAL Maximum Drawdown Relative To Other Indicators

KENNAMETAL INC 4625 cannot be rated in Maximum Drawdown category at this point. It cannot be rated in Maximum Drawdown category at this point. reporting about  1.00  of Maximum Drawdown per Maximum Drawdown.
The MDD is one of the most important risk measures. It measures the loss in any losing period and is usually defined as the percent retrenchment from an asset peak value to the valley value. Maximum drawdown encompasses both the period from the peak to the valley (length), and the time from the valley to a new high (recovery). It measures the largest percentage drawdown that has occurred in a given time period.
Compare KENNAMETAL to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas