Century Aluminum Company drawdown: 56.2% below the all-time high (price)
Century Aluminum Company is 56.2% below its all-time high, set May 20, 2008 (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
- −56.2%
- 43.8% of ATH
- All-time high
- $79.99
- May 20, 2008
- Time below the high
- 18.4 yrs
- since May 20, 2008
- Worst-ever drawdown
- −98.7%
- Mar 9, 2009
- Longest underwater
- 18.4 yrs
- between all-time highs
- Today's level first reached
- Feb 1, 2006
- 20.7 yrs ago
- Last time this deep
- Sep 8, 2003
- in a previous episode
% of all-time high since 1996: 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.
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 |
|---|---|---|---|---|---|
| May 20, 2008 | Mar 9, 2009 | −98.7% | 10 mo | not yet | 18.4 yrs+ |
| Apr 21, 1998 | Mar 10, 1999 | −78.5% | 11 mo | Apr 18, 2001 | 3.0 yrs |
| May 1, 2001 | Feb 7, 2003 | −74.9% | 1.8 yrs | Jan 8, 2004 | 2.7 yrs |
| Mar 22, 2005 | Oct 28, 2005 | −46.9% | 7 mo | Jan 27, 2006 | 10 mo |
| May 9, 2006 | Jul 27, 2006 | −45.0% | 3 mo | May 23, 2007 | 12 mo |
| Jul 19, 2007 | Aug 16, 2007 | −36.9% | 28 days | Feb 25, 2008 | 7 mo |
| Jan 13, 1997 | Jan 14, 1998 | −36.4% | 12 mo | Apr 21, 1998 | 15 mo |
| Apr 2, 2004 | May 17, 2004 | −34.4% | 45 days | Feb 24, 2005 | 11 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 Century Aluminum Company 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 Century Aluminum Company from its all-time high?
- Century Aluminum Company is currently 56.2% below its all-time high, set May 20, 2008 (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 Century Aluminum Company drawdown ever?
- The deepest decline on record in our data (since 1996) took Century Aluminum Company 98.7% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from CENX; no free deep history exists for Century Aluminum Company — 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.