Background
The explorer currently displays max drawdown without stating that it is calculated from a cumulative wealth path built from monthly returns. The requested output should make the observation frequency and evaluation horizon unambiguous.
Decision required
Determine whether the requested monthly/yearly distinction means:
- maximum drawdown calculated from monthly observations over the selected full sample; or
- separate drawdown summaries for monthly-sampled and calendar-year return series.
Acceptance criteria
Background
The explorer currently displays
max drawdownwithout stating that it is calculated from a cumulative wealth path built from monthly returns. The requested output should make the observation frequency and evaluation horizon unambiguous.Decision required
Determine whether the requested monthly/yearly distinction means:
Acceptance criteria