For each year of a DARWIN track record, there’re more than a million quote data values. It’s not viable to calculate drawdown off tick-level data, not even off minute-level data.
DD since inception (upper section of DARWIN profiles)
The input data for calculating “DD since inception”, like most of other data displayed in the upper section of a DARWIN profile, is taken…
- every 6 hours for the last month,
- every 12 hours for the last 3 months, and
- every end-of-day (EOD) for the rest of the track record
This is the data used for the filter criteria “Drawdown” and “Return / Drawdown ratio”.
Max. Drawdown (next to DARWIN return graphs)
The “Max. Drawdown” displayed next to DARWIN return graphs is an estimation based on what’s shown on the graph. What’s shown on the graph depends on the selected timeframe. It’s not taking into account 100% of the values shown on the graph. Therefore, it must not match the value shown as “DD since inception” in the upper section of a DARWIN profile, not even when the timeframe selected for the graph is “All time”, though the two values will converge.