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Drawdown |
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Drawdown The peak to trough decline during a specific record period of an investment or fund. It is usually quoted as the percentage between the peak to the trough. Notes: Basically a drawdown is from the time a retrenchment begins to when a new high is reached (because you won't know the valley until the new high is reached).See also: Calmar Ratio, Sterling Ratio Drawdown The state in which the borrower obtains some of the project financing, usually progressively according to construction expenditures plus IDC. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Even if you are using a method that gives you a statistical edge, which almost nobody is, you must still suffer through agonizing drawdowns on your way to eventual success. The drawdowns also eliminate any risk that the facilities would not have been available as a result of an extended strike. Fund balance drawdowns in each of the last two fiscal years are attributable to non-recurring expenditures. |
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Drawdowns
