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RISK MANAGEMENT

Max Drawdown Calculator

Calculate the maximum drawdown from your equity curve or portfolio values. Understand your worst peak-to-trough decline and how much gain is needed to recover.

Enter Your Equity Curve Values

Enter portfolio values over time — one per line, or comma-separated. Can be daily balance, monthly NAV, or cumulative P&L.

Separate values with new lines, commas, or spaces. Minimum 2 values needed.

HOW IT WORKS

Simple steps to get your result

1

Enter your portfolio values over time

Paste your daily balance, monthly NAV, or weekly equity curve values — one per line or comma-separated.

2

Calculator finds the worst decline

The tool scans all peak-to-trough declines and identifies the maximum drawdown — the biggest fall from any peak to any subsequent low.

3

See how much gain is needed to recover

Understand the asymmetry of drawdowns: a 30% loss needs a 43% gain just to get back to where you started.

FAQ

Frequently asked questions

What is maximum drawdown?+

Maximum Drawdown (MDD) is the largest peak-to-trough decline in portfolio value before a new peak is achieved. For example, if your portfolio goes from ₹1,00,000 to ₹60,000 before recovering, the max drawdown is 40%. It is the single most important risk metric for evaluating a trading strategy.

What is a good max drawdown for a trading strategy?+

There is no universal benchmark — it depends on the strategy and trader's risk tolerance. As a general guide: < 10% = conservative/excellent, 10-20% = moderate, 20-30% = aggressive, > 30% = high risk. Many professional funds target max drawdown below 15-20%.

Why is drawdown recovery asymmetric?+

If you lose 50%, you need a 100% gain to recover. If you lose 25%, you need a 33% gain. This asymmetry happens because the recovery is calculated on a smaller base (the trough value). A 50% loss on ₹1,00,000 leaves ₹50,000 — which needs to double (+100%) to get back to ₹1,00,000.

How is max drawdown different from total loss?+

Total loss is your overall P&L from start to end. Max drawdown specifically measures the worst intra-period decline from any peak. A portfolio can show a net profit yet have experienced a significant max drawdown during the period. Both matter — drawdown tells you about the journey, not just the destination.

Track your drawdown automatically

TradeLyser automatically plots your equity curve and tracks your max drawdown in real time — so you can set limits and stop before a small loss becomes a big one.