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That’s not correct. See the “Drawdowns” tab here [0]. The market is at a high only when it’s equal to the line at the top of the graph. [0] - https://www.port
by MR4D 6y ago
That’s not correct.
See the “Drawdowns” tab here [0]. The market is at a high only when it’s equal to the line at the top of the graph.
[0] - https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=Vfinx&allocation1_1=100#drawdowns https://www.portfoliovisualizer.com/backtest-portfolio?s=y&t...
- fredophile 6y agoHow near does it need to be to be near an all time high? If we say within 5% then it looks like, outside of the catastrophic period between 2000 and 2012, the graph spent the vast majority of its time there.
- WA 6y agoWhat does drawndown have to do with ATH? The SPX is ~50 points (1.3%) from its ATH right now (3663 as of Friday close) vs ATH of 3715 on 12/9. It's reasonable to say "close to ATH". Edit: Corrected points and added percentage.
- MR4D 6y agoDepends on your tolerance band. If it’s zero, then only on days when you hit a new ATH can you count as “at ATH”. If you set a 10% threshold, then you’ll have many more days “at ATH”. My point is that actual ATH (versus “near ATH”) are comparably rare.