20% below its peak
Active · now -93% Adjusted close first falls 20% or more below its highest level so far; repeated hits within 20 days count once.
8 historical occurrences (since 2016-02-04)
Average forward return after 20% below its peak。20-day: Win 12.5%, Sample 8, Median -10.58%, Excess -11.05%, Beat mkt rate 12.5%;60-day: Win 25%, Sample 8, Median -9.82%, Excess -12.93%, Beat mkt rate 12.5%;120-day: Win 12.5%, Sample 8, Median -16.26%, Excess -28.56%, Beat mkt rate 0%
Stock avg forward return Market (same period)
120 days after: historical avg -21.47%
20-day
60-day
120-day
Win
12.5%
25%
12.5%
Sample
8
8
8
Median
-10.58%
-9.82%
-16.26%
Excess
-11.05%
-12.93%
-28.56%
Beat mkt rate
12.5%
12.5%
0%
Over 8 occurrences, 120-day forward avg declined 21.47%, lagged the market by 28.56 pts; win rate 12.5%.