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ARQT
$28.82-0.96%
as of close, Oct 16, 2026
☾ AH $28.82 -0.96%
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Arcutis Biotherapeutics Inc. drawdown: 22.1% below the all-time high (price)

Arcutis Biotherapeutics Inc. is 22.1% below its all-time high, set Feb 8, 2021 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. 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
−22.1%
77.9% of ATH
All-time high
$36.98
Feb 8, 2021
Time below the high
5.7 yrs
since Feb 8, 2021
Worst-ever drawdown
−95.0%
Nov 30, 2023
Longest underwater
5.7 yrs
between all-time highs
Today's level first reached
Mar 10, 2020
6.6 yrs ago
Last time this deep
Jan 29, 2021
in a previous episode

% of all-time high since 2020: price#

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.

Basis
Range
All-time high = 100%20%40%60%80%
ARQT close · log2.005.0010.0020.00
202120222023202420252026

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Feb 8, 2021Nov 30, 2023−95.0%2.8 yrsnot yet5.7 yrs+
Mar 23, 2020Oct 30, 2020−51.7%7 moFeb 8, 202111 mo
Mar 10, 2020Mar 18, 2020−39.4%8 daysMar 20, 202010 days

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 2020: how far Arcutis Biotherapeutics Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Arcutis Biotherapeutics Inc. from its all-time high?
Arcutis Biotherapeutics Inc. is currently 22.1% below its all-time high, set Feb 8, 2021 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Arcutis Biotherapeutics Inc. drawdown ever?
The deepest decline on record in our data (since 2020) took Arcutis Biotherapeutics Inc. 95.0% below its prior high, bottoming Nov 30, 2023. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from ARQT; no free deep history exists for Arcutis Biotherapeutics Inc. — 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.

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