ALGN drawdown: 77.1% below the all-time high
Align Technology Inc. (ALGN) is 77.1% below its all-time high, set Sep 8, 2021 (as of market close, Jul 24, 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. "All-time" means since our price data begins (2001).
- Below all-time high
- −77.1%
- 22.9% of ATH
- All-time high
- $729.9
- Sep 8, 2021
- Time below the high
- 4.9 yrs
- since Sep 8, 2021
- Worst-ever drawdown
- −92.3%
- Nov 13, 2002
- Longest underwater
- 4.9 yrs
- between all-time highs
- Today's level first reached
- Jul 28, 2017
- 9.0 yrs ago
- Last time this deep
- Mar 9, 2009
- in a previous episode
% of all-time high since 2001#
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.
% of all-time high on the price basis — the all-time high considers the full history of ALGN, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
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 |
|---|---|---|---|---|---|
| Jan 30, 2001 | Nov 13, 2002 | −92.3% | 1.8 yrs | Nov 3, 2003 | 2.8 yrs |
| Sep 8, 2021 | Sep 25, 2025 | −82.9% | 4.0 yrs | not yet | 4.9 yrs+ |
| Oct 24, 2007 | Oct 23, 2008 | −82.6% | 12 mo | Apr 2, 2012 | 4.4 yrs |
| Apr 19, 2004 | Aug 24, 2006 | −75.2% | 2.3 yrs | Apr 26, 2007 | 3.0 yrs |
| Sep 25, 2018 | Mar 23, 2020 | −65.0% | 18 mo | Oct 22, 2020 | 2.1 yrs |
| Sep 13, 2012 | Nov 15, 2012 | −35.2% | 2 mo | Jul 10, 2013 | 10 mo |
| Jan 17, 2014 | Oct 14, 2014 | −30.6% | 9 mo | Jun 16, 2015 | 17 mo |
| Jan 26, 2018 | Feb 8, 2018 | −22.3% | 13 days | May 11, 2018 | 3 mo |
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 2001: how far ALGN 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: ALGN is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, 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 ALGN from its all-time high?
- ALGN is currently 77.1% below its all-time high, set Sep 8, 2021 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest ALGN drawdown ever?
- The deepest decline on record in our data (since 2001) took the stock 92.3% below its prior high, bottoming Nov 13, 2002. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2001 (split-adjusted). "All-time" means since our price data begins — ALGN may have traded earlier. For a 150-year index 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, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.