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$52.77+2.25%
as of close, Oct 20, 2026
☾ AH $52.77 +2.25%
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Innovative Industrial Properties Inc. drawdown: 81.6% below the all-time high (price)

Innovative Industrial Properties Inc. is 81.6% below its all-time high, set Nov 15, 2021 (as of market close, Oct 20, 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
−81.6%
18.4% of ATH
All-time high
$286.21
Nov 15, 2021
Time below the high
4.9 yrs
since Nov 15, 2021
Worst-ever drawdown
−84.4%
Nov 20, 2025
Longest underwater
4.9 yrs
between all-time highs
Today's level first reached
Nov 23, 2018
7.9 yrs ago
Last time this deep
never before
no prior −81.6% episode

% of all-time high since 2016: 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.

Basis
Range
All-time high = 100%20%40%60%80%
IIPR close · log20.0050.00100200
20182020202220242026

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Nov 15, 2021Nov 20, 2025−84.4%4.0 yrsnot yet4.9 yrs+
Jul 11, 2019Mar 18, 2020−66.2%8 moNov 5, 202016 mo
Jan 2, 2018Feb 27, 2018−33.2%56 daysMay 25, 20185 mo
Feb 24, 2021Mar 8, 2021−24.8%12 daysAug 6, 20215 mo
Jan 5, 2017Mar 10, 2017−21.4%2 moOct 30, 201710 mo
Nov 23, 2018Dec 24, 2018−20.8%31 daysJan 17, 201955 days
Dec 1, 2016Dec 5, 2016−19.6%4 daysJan 5, 201735 days
Jun 11, 2018Jul 30, 2018−17.4%49 daysAug 24, 20182 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 2016: how far Innovative Industrial Properties Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Innovative Industrial Properties Inc. from its all-time high?
Innovative Industrial Properties Inc. is currently 81.6% below its all-time high, set Nov 15, 2021 (as of market close, Oct 20, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Innovative Industrial Properties Inc. drawdown ever?
The deepest decline on record in our data (since 2016) took Innovative Industrial Properties Inc. 84.4% below its prior high, bottoming Nov 20, 2025. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from IIPR; no free deep history exists for Innovative Industrial Properties Inc. — 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.

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