20% below its peak
Active · now -22.93% Adjusted close first falls 20% or more below its highest level so far; repeated hits within 20 days count once.
21 historical occurrences (since 2016-10-04)
Average forward return after 20% below its peak。20-day: Win 50%, Sample 20, Median +0.33%, Excess -0.87%, Beat mkt rate 40%;60-day: Win 35%, Sample 20, Median -6.2%, Excess -4.75%, Beat mkt rate 35%;120-day: Win 47.4%, Sample 19, Median -2.52%, Excess -2.48%, Beat mkt rate 26.3%
Stock avg forward return Market (same period)
120 days after: historical avg +6.91%
20-day
60-day
120-day
Win
50%
35%
47.4%
Sample
20
20
19
Median
+0.33%
-6.2%
-2.52%
Excess
-0.87%
-4.75%
-2.48%
Beat mkt rate
40%
35%
26.3%
Over 19 occurrences, 120-day forward avg gained 6.91%, lagged the market by 2.48 pts; win rate 47.4%.