Max Drawdown (3y)
Worst peak-to-trough drop within the last ~3 years
Description
Max drawdown (3y) shows the largest decline within roughly the last 3 years: from a local peak to the subsequent low.
That makes the metric less dominated by very old history and therefore fairer across assets than an all-time value.
As with all drawdowns: the value is negative. Less negative means the worst drop was milder.
Source
Calculation
- 1) H_t = max(Price_{t-3y..t})
- 2) DD_t = (Price_t / H_t) − 1
- 3) maxdd_3y = min(DD_t)
Interpretation
- Weniger negativ ist besser (näher an 0).
Ranking
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