Cameco Corporation drawdown: 35.4% below the all-time high
Cameco Corporation is 35.4% below its all-time high, set Jan 28, 2026 (as of market close, Sep 30, 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
- −35.4%
- 64.6% of ATH
- All-time high
- $134.09
- Jan 28, 2026
- Time below the high
- 8 mo
- since Jan 28, 2026
- Worst-ever drawdown
- −90.1%
- Mar 18, 2020
- Longest underwater
- 17.3 yrs
- between all-time highs
- Today's level first reached
- Sep 23, 2025
- 12 mo ago
- Last time this deep
- Apr 10, 2025
- in a previous episode
% of all-time high since 1996#
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 |
|---|---|---|---|---|---|
| Jun 15, 2007 | Mar 18, 2020 | −90.1% | 12.8 yrs | Oct 16, 2024 | 17.3 yrs |
| Mar 14, 1996 | Apr 3, 2000 | −80.9% | 4.1 yrs | Dec 24, 2003 | 7.8 yrs |
| Dec 5, 2024 | Apr 8, 2025 | −40.0% | 4 mo | Jun 9, 2025 | 6 mo |
| Jan 28, 2026 | Jul 29, 2026 | −36.9% | 6 mo | not yet | 8 mo+ |
| May 10, 2006 | Nov 16, 2006 | −28.5% | 6 mo | Apr 4, 2007 | 11 mo |
| Jan 5, 2004 | May 17, 2004 | −28.0% | 4 mo | Jul 16, 2004 | 6 mo |
| Oct 28, 2025 | Nov 21, 2025 | −25.7% | 24 days | Jan 9, 2026 | 2 mo |
| Mar 18, 2005 | Apr 15, 2005 | −24.7% | 28 days | Jul 19, 2005 | 4 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 1996: how far Cameco Corporation 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 Cameco Corporation from its all-time high?
- Cameco Corporation is currently 35.4% below its all-time high, set Jan 28, 2026 (as of market close, Sep 30, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Cameco Corporation drawdown ever?
- The deepest decline on record in our data (since 1996) took Cameco Corporation 90.1% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from CCJ; no free deep history exists for Cameco Corporation — 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.