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May be useful. You May Like This Books. Sapiens Yuval Noah Harari. The Canon Natalie Angier. In the past most drawdown events have had to manually select tickets for elimination. Not to mention keeping a list of ticket holders by name and number and creating tickets.

There is now no longer any need to do it manually. If you are the event organizer or auctioneer conducting the event this software is a must. Install the software on any windows computer. Open the program and create your event name. Then enter names of people who have purchased a ticket. The drawdown is the measure of the decline from a historical peak in some variable typically the cumulative profit or total open equity of a financial trading strategy.

Drawdown and Max Drawdown are calculated as percentages:. In finance, the use of the maximum drawdown as an indicator of risk is particularly popular in the world of commodity trading advisors through the widespread use of three performance measures: the Calmar ratio, the Sterling ratio and the Burke ratio.