Zinc8 Energy Maximum Drawdown vs. Kurtosis

ZAIRF Stock  USD 0.03  0  8.57%   
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Zinc8 Energy Solutions has current Maximum Drawdown of 60.94. 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)

 = 
60.94
MAX = Maximum notation for the range of returns on Zinc8 Energy

Zinc8 Energy Maximum Drawdown Peers Comparison

Zinc8 Maximum Drawdown Relative To Other Indicators

Zinc8 Energy Solutions is rated below average in maximum drawdown category among its peers. It is rated below average in kurtosis category among its peers making up about  0.04  of Kurtosis per Maximum Drawdown. The ratio of Maximum Drawdown to Kurtosis for Zinc8 Energy Solutions is roughly  24.15 
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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