Alcoa Corporation Common Stock drawdown: 70.4% below the all-time high
Alcoa Corporation Common Stock is 70.4% below its all-time high, set Jul 13, 2007 (as of market close, Oct 1, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −70.4%
- 29.6% of ATH
- All-time high
- $142.05
- Jul 13, 2007
- Time below the high
- 19.2 yrs
- since Jul 13, 2007
- Worst-ever drawdown
- −96.1%
- Mar 20, 2020
- Longest underwater
- 19.2 yrs
- between all-time highs
- Today's level first reached
- Jul 13, 1995
- 31.2 yrs ago
- Last time this deep
- never before
- no prior −70.4% episode
% of all-time high since 1970#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jul 13, 2007 | Mar 20, 2020 | −96.1% | 12.7 yrs | not yet | 19.2 yrs+ |
| May 21, 2001 | Oct 9, 2002 | −60.3% | 17 mo | Jul 13, 2007 | 6.1 yrs |
| Oct 12, 1973 | Dec 5, 1974 | −51.6% | 14 mo | May 18, 1976 | 2.6 yrs |
| Mar 6, 1970 | Nov 10, 1971 | −50.1% | 1.7 yrs | Sep 19, 1973 | 3.5 yrs |
| Oct 5, 1987 | Oct 26, 1987 | −46.7% | 21 days | Jan 31, 1989 | 16 mo |
| Jan 5, 2000 | Sep 27, 2000 | −45.3% | 9 mo | May 16, 2001 | 16 mo |
| Sep 22, 1980 | Feb 3, 1982 | −41.9% | 16 mo | May 24, 1983 | 2.7 yrs |
| Jan 13, 1984 | May 6, 1985 | −38.3% | 16 mo | Apr 21, 1987 | 3.3 yrs |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1970: how far Alcoa Corporation Common Stock stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Alcoa Corporation Common Stock from its all-time high?
- Alcoa Corporation Common Stock is currently 70.4% below its all-time high, set Jul 13, 2007 (as of market close, Oct 1, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Alcoa Corporation Common Stock drawdown ever?
- The deepest decline on record in our data (since 1970) took Alcoa Corporation Common Stock 96.1% below its prior high, bottoming Mar 20, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from AA; no free deep history exists for Alcoa Corporation Common Stock — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.