Average Recovery Time (ART)
This is the average time in a recovery from a drawdown measured from the low point of the drawdown to a new peak. If a trading program is in an on-going drawdown, for purposes of calculating the ART we assume that the current drawdown is over.
- Value Added Monthly Index VAMI definition
- High Water Mark definition
- Fixed Income Arbitrage definition
- Equity Hedge definition
- Convertible Arbitrage definition