AXSM drawdown: 16.3% below the all-time high
Axsome Therapeutics Inc. (AXSM) is 16.3% below its all-time high, set Jun 12, 2026 (as of market close, Aug 13, 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 (2015).
- Below all-time high
- −16.3%
- 83.7% of ATH
- All-time high
- $255.2
- Jun 12, 2026
- Time below the high
- 2 mo
- since Jun 12, 2026
- Worst-ever drawdown
- −86.6%
- Dec 27, 2018
- Longest underwater
- 5.1 yrs
- between all-time highs
- Today's level first reached
- May 4, 2026
- 3 mo ago
- Last time this deep
- Mar 27, 2026
- in a previous episode
% of all-time high since 2015#
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 AXSM, 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 5, 2016 | Dec 27, 2018 | −86.6% | 3.0 yrs | Mar 25, 2019 | 3.2 yrs |
| Dec 26, 2019 | Aug 19, 2021 | −81.3% | 1.6 yrs | Jan 30, 2025 | 5.1 yrs |
| Sep 16, 2019 | Oct 1, 2019 | −42.7% | 15 days | Nov 19, 2019 | 2 mo |
| Feb 21, 2025 | Apr 10, 2025 | −30.6% | 48 days | Nov 6, 2025 | 8 mo |
| Jan 21, 2026 | Mar 12, 2026 | −18.5% | 50 days | Apr 30, 2026 | 3 mo |
| Jun 12, 2026 | Aug 6, 2026 | −17.7% | 55 days | not yet | 2 mo+ |
| Mar 25, 2019 | Apr 12, 2019 | −17.6% | 18 days | Apr 25, 2019 | 31 days |
| Jul 26, 2019 | Aug 15, 2019 | −17.5% | 20 days | Sep 16, 2019 | 52 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 2015: how far AXSM 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: AXSM 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 AXSM from its all-time high?
- AXSM is currently 16.3% below its all-time high, set Jun 12, 2026 (as of market close, Aug 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest AXSM drawdown ever?
- The deepest decline on record in our data (since 2015) took the stock 86.6% below its prior high, bottoming Dec 27, 2018. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2015 (split-adjusted). "All-time" means since our price data begins — AXSM 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.