INCY drawdown: 22.9% below the all-time high
Incyte Corp. (INCY) is 22.9% below its all-time high, set Mar 15, 2017 (as of market close, Jul 24, 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. "All-time" means since our price data begins (1993).
- Below all-time high
- −22.9%
- 77.1% of ATH
- All-time high
- $152.7
- Mar 15, 2017
- Time below the high
- 9.4 yrs
- since Mar 15, 2017
- Worst-ever drawdown
- −98.5%
- Mar 9, 2009
- Longest underwater
- 17.0 yrs
- between all-time highs
- Today's level first reached
- Feb 17, 2000
- 26.4 yrs ago
- Last time this deep
- Jan 5, 2017
- in a previous episode
% of all-time high since 1993#
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.
% of all-time high on the price basis — the all-time high considers the full history of INCY, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
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 25, 2000 | Mar 9, 2009 | −98.5% | 9.0 yrs | Mar 10, 2017 | 17.0 yrs |
| Feb 4, 1998 | Oct 5, 1999 | −67.1% | 1.7 yrs | Dec 23, 1999 | 1.9 yrs |
| Mar 15, 2017 | Apr 25, 2024 | −66.5% | 7.1 yrs | not yet | 9.4 yrs+ |
| Feb 19, 1997 | Apr 30, 1997 | −42.0% | 2 mo | Sep 15, 1997 | 7 mo |
| Feb 14, 1994 | Apr 20, 1994 | −38.9% | 2 mo | Dec 1, 1994 | 10 mo |
| Jan 31, 1996 | Apr 12, 1996 | −37.8% | 2 mo | Jul 1, 1996 | 5 mo |
| Sep 15, 1995 | Nov 16, 1995 | −30.2% | 2 mo | Dec 26, 1995 | 3 mo |
| Jan 21, 2000 | Jan 31, 2000 | −30.2% | 10 days | Feb 9, 2000 | 19 days |
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 INCY 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: INCY is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, 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 INCY from its all-time high?
- INCY is currently 22.9% below its all-time high, set Mar 15, 2017 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest INCY drawdown ever?
- The deepest decline on record in our data (since 1993) took the stock 98.5% 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 closing prices since 1993 (split-adjusted). "All-time" means since our price data begins — INCY may have traded earlier. For a 150-year index 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, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.