Alcoa Maximum Drawdown

    Alcoa Inc has current Maximum Drawdown of 15.46. 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.
    Alcoa 
    Maximum Drawdown 
    =  
    MAX(HIGH - LOW) 
     = 
    15.46
    MAX =   Maximum notation for the range of returns on Alcoa

    Maximum Drawdown Comparison

    Alcoa Inc is rated third in maximum drawdown category among related companies. It is rated second in maximum drawdown category among related companies 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.
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    Alcoa Corporationration engages in mining and production of bauxite, alumina, and aluminum products. more
    NameAlcoa Inc
    InstrumentUSA Stock
    RegionNorth America
    ExchangeNew York Stock Exchange
    CIK Number01675149.0
    ISINUS0138171014
    CUSIPNone
    New SymbolARNC
    Analyst Consensus
    Piotroski F Score
    Macroaxis Advice
    Bond Rating