Calculate the likelihood of a drawdown in java to four figures Drawdown = (current index value - highest historical index value) / highest historical index value Ex you will be given a series of numbers say 0.22 -0.05 0.17 -0.03 0.12 -0.02 0.41 0.22 -0.03 Answer = 0.1071 => expected probability a downturn will be experienced of -10% over 9 years given 9 values above. The table below I made should help provide any missing context
Calculate the likelihood of a drawdown in java to four figures Drawdown = (current index value - highest historical index value) / highest historical index value Ex you will be given a series of numbers say 0.22 -0.05 0.17 -0.03 0.12 -0.02 0.41 0.22 -0.03 Answer = 0.1071 => expected probability a downturn will be experienced of -10% over 9 years given 9 values above. The table below I made should help provide any missing context
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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Calculate the likelihood of a drawdown in java to four figures
Drawdown = (current index value - highest historical index value) / highest historical index value
Ex you will be given a series of numbers say 0.22 -0.05 0.17 -0.03 0.12 -0.02 0.41 0.22 -0.03
Answer = 0.1071 => expected probability a downturn will be experienced of -10% over 9 years given 9 values above. The table below I made should help provide any missing context
![Year Return
0
1
2
3
4
5
6
12%
-5%
33%
28%
-7%
-4%
Index High Mark Drawdown
1000
1000
1120
1120
1064
1120
1415
1415
1811
1811
1685
1811
1617
1811
0%
-5%
0%
0%
-7%
-11%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6b00a210-f940-4971-9ba9-57f877c65163%2Fce897f66-e172-4b56-8c31-c57c9cdf07e4%2Fxqeazca_processed.png&w=3840&q=75)
Transcribed Image Text:Year Return
0
1
2
3
4
5
6
12%
-5%
33%
28%
-7%
-4%
Index High Mark Drawdown
1000
1000
1120
1120
1064
1120
1415
1415
1811
1811
1685
1811
1617
1811
0%
-5%
0%
0%
-7%
-11%
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