The largest decline from a previous peak in a price series, expressed as a negative percentage. Describes the worst moment of holding an asset, not its end result.
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The largest decline from a previous peak in a price series, expressed as a negative percentage. Describes the worst moment of holding an asset, not its end resu
The largest decline from a previous peak in a price series, expressed as a negative percentage. Describes the worst moment of holding an asset, not its end result.