Max Drawdown Calculation Discrepancy. + Please add CALMAR ratio
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Dear Team,
I am an avid Momentify user. I have been testing my strategies on the platform and noted that there is probably some issue in calculation of Max Drawdown. Please refer the three screenshots below:
As per the screenshots the max drawdown is 20.26%. This is on a capital of 10 lacs. However, if I calculate manually - the recent peak is 1047779 and recent trough is 556906 (as provided in screenshot). Since this is an equity curve for profits. I add up the same in initial portfolio value to arrive at peak portfolio value of 2047779 (1000000+1047779), and trough portfolio value of 1556906 (1000000 + 556906). So the drawdown would be 2047779 - 1556906 = 490873. This on a base of 2047779 is 24.0% vs the Max drawdown of 20.26%. Please correct me if I am wrong anywhere.
Also, it would be beneficial to add CALMAR Ratio in testing our strategies.
Many thanks for the valuable platform.
Regards,
Pranav
