Drawdown
A drawdown is the percentage decline of a portfolio from its previous peak to a later low.
Maximum drawdown is the largest such decline over a period. It describes how much an investor could have lost from a high point before recovery.
A drawdown is the percentage decline of a portfolio from its previous peak to a later low.
Maximum drawdown is the largest such decline over a period. It describes how much an investor could have lost from a high point before recovery.