20% below its peak
Active · now -22.72% Adjusted close first falls 20% or more below its highest level so far; repeated hits within 20 days count once.
12 historical occurrences (since 2020-03-12)
Average forward return after 20% below its peak。20-day: Win 50%, Sample 12, Median +1.35%, Excess -1.29%, Beat mkt rate 41.7%;60-day: Win 54.5%, Sample 11, Median +0.13%, Excess -4.29%, Beat mkt rate 27.3%;120-day: Win 54.5%, Sample 11, Median +1.65%, Excess -7.83%, Beat mkt rate 18.2%
Stock avg forward return Market (same period)
120 days after: historical avg +3.25%
20-day
60-day
120-day
Win
50%
54.5%
54.5%
Sample
12
11
11
Median
+1.35%
+0.13%
+1.65%
Excess
-1.29%
-4.29%
-7.83%
Beat mkt rate
41.7%
27.3%
18.2%
Over 11 occurrences, 120-day forward avg gained 3.25%, lagged the market by 7.83 pts; win rate 54.5%.