Churchill Downs Incorporated drawdown: 45.2% below the all-time high (price)
Churchill Downs Incorporated is 45.2% below its all-time high, set May 1, 2023 (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
- −45.2%
- 54.8% of ATH
- All-time high
- $149.08
- May 1, 2023
- Time below the high
- 3.5 yrs
- since May 1, 2023
- Worst-ever drawdown
- −62.9%
- Mar 18, 2020
- Longest underwater
- 6.4 yrs
- between all-time highs
- Today's level first reached
- Feb 18, 2020
- 6.7 yrs ago
- Last time this deep
- Apr 24, 2020
- in a previous episode
% of all-time high since 1993: 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 |
|---|---|---|---|---|---|
| Feb 19, 2020 | Mar 18, 2020 | −62.9% | 28 days | Aug 11, 2020 | 6 mo |
| Dec 24, 2007 | Mar 9, 2009 | −61.4% | 14 mo | Feb 1, 2012 | 4.1 yrs |
| Jun 24, 1998 | Dec 15, 1999 | −53.2% | 18 mo | Nov 12, 2004 | 6.4 yrs |
| Apr 1, 1993 | Dec 26, 1995 | −51.9% | 2.7 yrs | Jun 17, 1998 | 5.2 yrs |
| May 1, 2023 | Oct 7, 2026 | −50.4% | 3.4 yrs | not yet | 3.5 yrs+ |
| Dec 1, 2004 | Oct 27, 2005 | −33.0% | 11 mo | Apr 24, 2007 | 2.4 yrs |
| Oct 18, 2021 | Jun 16, 2022 | −32.4% | 8 mo | Mar 31, 2023 | 17 mo |
| Mar 12, 2021 | Jul 19, 2021 | −30.3% | 4 mo | Oct 14, 2021 | 7 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 1993: how far Churchill Downs Incorporated 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 Churchill Downs Incorporated from its all-time high?
- Churchill Downs Incorporated is currently 45.2% below its all-time high, set May 1, 2023 (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 Churchill Downs Incorporated drawdown ever?
- The deepest decline on record in our data (since 1993) took Churchill Downs Incorporated 62.9% 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 CHDN; no free deep history exists for Churchill Downs Incorporated — 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.