Description:
The Drawdowns Graph shows the worst drawdowns for the inputted asset allocation.
Interpreting the Graph:
Independent portfolios are formed at the start of every month in the historical record and portfolio values are calculated using actual historical returns.
The maximum drawdown is calculated for each portfolio. The graph shows the maximum drawdown out of all the portfolios, along with portfolio drawdowns in the worst 5th percentile, 10th percentile and 20th percentile.