argenx SE American Depositary Shares drawdown: 6.5% below the all-time high
Argenx SE American Depositary Shares is 6.5% below its all-time high, set Aug 27, 2026 (as of market close, Sep 18, 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
- −6.5%
- 93.5% of ATH
- All-time high
- $1,059
- Aug 27, 2026
- Time below the high
- 22 days
- since Aug 27, 2026
- Worst-ever drawdown
- −38.2%
- Dec 20, 2023
- Longest underwater
- 17 mo
- between all-time highs
- Today's level first reached
- Aug 18, 2026
- 31 days ago
- Last time this deep
- Aug 14, 2026
- in a previous episode
% of all-time high since 2017#
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 21, 2023 | Dec 20, 2023 | −38.2% | 5 mo | Sep 5, 2024 | 14 mo |
| Jun 12, 2018 | Oct 10, 2018 | −36.3% | 4 mo | Nov 6, 2018 | 5 mo |
| Jan 9, 2020 | Mar 16, 2020 | −34.1% | 2 mo | May 26, 2020 | 5 mo |
| Feb 11, 2021 | Jan 27, 2022 | −33.1% | 11 mo | Jul 5, 2022 | 17 mo |
| Jul 18, 2019 | Oct 8, 2019 | −29.2% | 3 mo | Dec 4, 2019 | 5 mo |
| Nov 17, 2025 | Mar 20, 2026 | −28.6% | 4 mo | Jul 2, 2026 | 7 mo |
| Jul 20, 2020 | Sep 10, 2020 | −20.9% | 52 days | Oct 7, 2020 | 3 mo |
| Feb 5, 2025 | May 14, 2025 | −20.8% | 3 mo | Aug 1, 2025 | 6 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 2017: how far argenx SE American Depositary Shares 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 argenx SE American Depositary Shares from its all-time high?
- argenx SE American Depositary Shares is currently 6.5% below its all-time high, set Aug 27, 2026 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest argenx SE American Depositary Shares drawdown ever?
- The deepest decline on record in our data (since 2017) took argenx SE American Depositary Shares 38.2% below its prior high, bottoming Dec 20, 2023. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from ARGX; no free deep history exists for argenx SE American Depositary Shares — 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.