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Clarify the frequency and horizon of maximum drawdown statistics #5

Description

@Yuning598

Background

The explorer currently displays max drawdown without stating that it is calculated from a cumulative wealth path built from monthly returns. The requested output should make the observation frequency and evaluation horizon unambiguous.

Decision required

Determine whether the requested monthly/yearly distinction means:

  1. maximum drawdown calculated from monthly observations over the selected full sample; or
  2. separate drawdown summaries for monthly-sampled and calendar-year return series.

Acceptance criteria

  • The adopted monthly/yearly interpretation is documented before implementation.
  • Every displayed drawdown value states its observation frequency and sample horizon.
  • The methodology explains the wealth-path and peak-to-trough formula.
  • Python and browser-side calculations agree for the selected date window.
  • Tests cover monotonic gains, a single drawdown, recovery, and incomplete years.

Activity

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