Ulcer Index
Posted: Wed May 02, 2018 2:54 pmDeveloped by Peter Martin and Byron McCann in 1987, the Ulcer Index is a volatility indicator that measures downside risk.
It's designed as a measure of volatility, but only volatility in the downward direction, i.e. the amount of drawdown or retracement occurring over a period.
Many consider the Ulcer Index superior to the standard deviation and other measures of risk.
Download:
It's designed as a measure of volatility, but only volatility in the downward direction, i.e. the amount of drawdown or retracement occurring over a period.
Many consider the Ulcer Index superior to the standard deviation and other measures of risk.
Download:
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