the worst hole a holder had to sit through · Risk & quality — durability and the shape of the bet
The largest peak-to-trough drop the stock suffered over the period — the deepest decline a holder had to endure. It answers “how bad has it actually gotten?”, which an average like volatility can hide. The app uses it on the risk side of the Most Upside screen.
max drawdown = the largest (peak − trough) ÷ peak over the period