20% below its peak
Active · now -22.46% Adjusted close first falls 20% or more below its highest level so far; repeated hits within 20 days count once.
8 historical occurrences (since 2016-06-24)
Average forward return after 20% below its peak。20-day: Win 50%, Sample 8, Median -3.07%, Excess -4.28%, Beat mkt rate 37.5%;60-day: Win 71.4%, Sample 7, Median +4.85%, Excess -9.18%, Beat mkt rate 42.9%;120-day: Win 60%, Sample 5, Median +5.19%, Excess -13.13%, Beat mkt rate 20%
Stock avg forward return Market (same period)
120 days after: historical avg -0.45%
20-day
60-day
120-day
Win
50%
71.4%
60%
Sample
8
7
5
Median
-3.07%
+4.85%
+5.19%
Excess
-4.28%
-9.18%
-13.13%
Beat mkt rate
37.5%
42.9%
20%
Over 5 occurrences, 120-day forward avg declined 0.45%, lagged the market by 13.13 pts; win rate 60%.