later Drawdowns will be a smaller % of the return (Gain) at that point.
I woke today thinking that above may be an incorrect statement?
It’s quicker to ask than for me to work it out from the code, so Vonasi does
- MaD = maximum single drawdown?
- OR
- MaD = cumulative drawdown?
And then above spawns another question … how are we measuring drawdown?
If you are busy (fishing for tonight’s dinner! 🙂 ) then whenever you feel like answering is fine. My brain may work on it and / or even work it out from the code! 🙂
