9080262236 For a particular strategy even if the return/Max DD decrease, the Max drawdown increases. Hence wish to confirm on the meanings of these two.
rajat As the name suggests, return over max drawdown is your overall profit divided by your max drawdown in backtest period divided by the backtest period(in years). Naturally, when max drawdown increases(the denominator), the return over max drawdown decreases More on this at investopedia, https://www.investopedia.com/terms/r/return-over-maximum-drawdown-romad.asp#:~:text=Return%20over%20maximum%20drawdown%20(RoMaD)%20is%20a%20risk%2Dadjusted,portfolio%20return%20%C3%B7%20maximum%20drawdown