Gerdau S.A. drawdown: 75.5% below the all-time high (price)
Gerdau S.A. is 75.5% below its all-time high, set Jun 19, 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
- −75.5%
- 24.5% of ATH
- All-time high
- $20.45
- Jun 19, 2008
- Time below the high
- 18.3 yrs
- since Jun 19, 2008
- Worst-ever drawdown
- −96.9%
- Jan 21, 2016
- Longest underwater
- 18.3 yrs
- between all-time highs
- Today's level first reached
- Jan 24, 2006
- 20.7 yrs ago
- Last time this deep
- never before
- no prior −75.5% episode
% of all-time high since 1999: 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 |
|---|---|---|---|---|---|
| Jun 19, 2008 | Jan 21, 2016 | −96.9% | 7.6 yrs | not yet | 18.3 yrs+ |
| Feb 9, 2000 | Sep 21, 2001 | −69.8% | 1.6 yrs | Jul 10, 2003 | 3.4 yrs |
| Apr 6, 2004 | May 10, 2004 | −35.0% | 34 days | Jul 2, 2004 | 3 mo |
| Mar 7, 2005 | May 23, 2005 | −34.5% | 3 mo | Sep 9, 2005 | 6 mo |
| May 2, 2006 | Jun 13, 2006 | −32.4% | 42 days | Feb 6, 2007 | 9 mo |
| Jul 23, 2007 | Aug 16, 2007 | −30.9% | 24 days | Oct 5, 2007 | 2 mo |
| Jul 19, 1999 | Aug 11, 1999 | −29.1% | 23 days | Nov 5, 1999 | 4 mo |
| Nov 6, 2007 | Jan 23, 2008 | −22.4% | 3 mo | Feb 25, 2008 | 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 1999: how far Gerdau S.A. 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 Gerdau S.A. from its all-time high?
- Gerdau S.A. is currently 75.5% below its all-time high, set Jun 19, 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 Gerdau S.A. drawdown ever?
- The deepest decline on record in our data (since 1999) took Gerdau S.A. 96.9% below its prior high, bottoming Jan 21, 2016. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from GGB; no free deep history exists for Gerdau S.A. — 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.