Best Buy Maximum Drawdown

Best Buy Co Inc has current Maximum Drawdown of 9.7. 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.
Best Buy 
Maximum Drawdown 
=  
MAX(HIGH - LOW) 
 = 
9.7
MAX =   Maximum notation for the range of returns on Best Buy

Maximum Drawdown Comparison

Best Buy Co Inc is rated second in maximum drawdown category among related companies. It is currently under evaluation 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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Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico. more
NameBest Buy Co Inc
InstrumentUSA Stock
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00764478.0
ISINUS0865161014
CUSIP086516101
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating