Maximum drawdown (Max drawdown 1Y)
The largest peak-to-trough fall in the share price over the last year, as a negative percentage.
It is the concrete version of risk: the worst it actually got for someone who bought at the top.
How it is computed here
Largest percentage decline from a running peak in the last year of daily prices
Today's market price against the latest available fundamentals. Combines today's market price with the most recently filed fundamentals. It moves whenever the price moves, with nothing having changed in the business. Filed under risk. Higher is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- Less negative is better, so the scale runs the opposite way to most figures here.
- One year only. It says nothing about what happened in 2008 or 2020 unless that year is the window.
Questions
How is maximum drawdown calculated?
Largest percentage decline from a running peak in the last year of daily prices. Today's market price against the latest available fundamentals. Combines today's market price with the most recently filed fundamentals. It moves whenever the price moves, with nothing having changed in the business.
What does maximum drawdown tell a value investor?
It is the concrete version of risk: the worst it actually got for someone who bought at the top.
When does maximum drawdown mislead?
Less negative is better, so the scale runs the opposite way to most figures here. One year only. It says nothing about what happened in 2008 or 2020 unless that year is the window.