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ASH
$71.15-0.61%
as of close, Oct 16, 2026
☾ AH $71.15 -0.61%
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Ashland Inc. drawdown: 37.4% below the all-time high (price)

Ashland Inc. is 37.4% below its all-time high, set Dec 2, 2022 (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
−37.4%
62.6% of ATH
All-time high
$113.58
Dec 2, 2022
Time below the high
3.9 yrs
since Dec 2, 2022
Worst-ever drawdown
−92.5%
Mar 3, 2009
Longest underwater
6.5 yrs
between all-time highs
Today's level first reached
Nov 29, 2017
8.9 yrs ago
Last time this deep
Apr 8, 2020
in a previous episode

% of all-time high since 1983: 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%
ASH close · log5.0010.0020.0050.00100
1990200020102020

The deepest drawdowns on record#

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

PeakTroughDepthPeak → troughRecovered byUnderwater
Apr 19, 2006Mar 3, 2009−92.5%2.9 yrsSep 5, 20126.4 yrs
Dec 2, 2022Apr 8, 2025−59.0%2.3 yrsnot yet3.9 yrs+
Mar 16, 1998Oct 9, 2002−56.2%4.6 yrsSep 15, 20046.5 yrs
Aug 9, 2018Mar 23, 2020−53.8%1.6 yrsJan 7, 20212.4 yrs
Apr 24, 1989Aug 25, 1992−46.5%3.3 yrsMar 7, 19944.9 yrs
Jul 6, 1983Jul 31, 1984−44.4%13 moDec 10, 19852.4 yrs
May 11, 2015Feb 11, 2016−32.1%9 moMay 19, 20172.0 yrs
Aug 26, 1987Oct 28, 1987−30.9%2 moApr 29, 19888 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 1983: how far Ashland 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 Ashland Inc. from its all-time high?
Ashland Inc. is currently 37.4% below its all-time high, set Dec 2, 2022 (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 Ashland Inc. drawdown ever?
The deepest decline on record in our data (since 1983) took Ashland Inc. 92.5% below its prior high, bottoming Mar 3, 2009. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from ASH; no free deep history exists for Ashland 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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