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#470157 - 12/29/17 17:02 Max down time definition in manual
kujo Offline
Newbie

Registered: 12/03/17
Posts: 48
Loc: Halifax, NS
Hello,

I guess Max down time definition in manual is a bit wrong, it shouldn't be about equity valley.
Quote:

Max down time Longest duration from a balance peak to the subsequent equity valley.


Should be something like: Longest duration below a preceding balance peak...



Edited by kujo (12/29/17 19:20)

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#470180 - 01/01/18 18:02 Re: Max down time definition in manual [Re: kujo]
jcl Online

Chief Engineer

Registered: 07/22/00
Posts: 26129
Loc: Frankfurt
No, it's the distance from peak to valley.

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#470190 - 01/02/18 04:29 Re: Max down time definition in manual [Re: jcl]
kujo Offline
Newbie

Registered: 12/03/17
Posts: 48
Loc: Halifax, NS
I see, if it's indeed distance from balance peak to equity valley then the calculation is wrong, IMHO.

Performance report gives me:
Quote:

Max down time 274 weeks from Dec 2007


However, the chart shows another thing:



Is it a bug?

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#470191 - 01/02/18 09:47 Re: Max down time definition in manual [Re: kujo]
jcl Online

Chief Engineer

Registered: 07/22/00
Posts: 26129
Loc: Frankfurt
Yes, if the max down time is the duration of the longest drawdown as I assumed, then it would be indeed a bug. The longest drawdown is about 130 weeks in your chart. I'll look into that and will find out what the max down time is supposed to be. Thanks for the info about that inconsistency.

Update: I was told that it is in fact a bug. The max down time is wrong when equity peaks rise above the preceding balance peak, as in your chart. This will be fixed in the next update.

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