Ligand Pharmaceuticals Incorporated drawdown: 8.4% below the all-time high (price)
Ligand Pharmaceuticals Incorporated is 8.4% below its all-time high, set Jul 9, 2026 (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
- −8.4%
- 91.6% of ATH
- All-time high
- $322.61
- Jul 9, 2026
- Time below the high
- 3 mo
- since Jul 9, 2026
- Worst-ever drawdown
- −95.0%
- Nov 19, 2008
- Longest underwater
- 17.9 yrs
- between all-time highs
- Today's level first reached
- Jun 25, 2026
- 4 mo ago
- Last time this deep
- May 20, 2026
- in a previous episode
% of all-time high since 1992: 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 |
|---|---|---|---|---|---|
| Mar 6, 2000 | Nov 19, 2008 | −95.0% | 8.7 yrs | Jan 19, 2018 | 17.9 yrs |
| Sep 28, 2018 | Mar 16, 2020 | −76.9% | 18 mo | Sep 29, 2025 | 7.0 yrs |
| May 28, 1996 | Aug 31, 1998 | −69.7% | 2.3 yrs | Feb 16, 2000 | 3.7 yrs |
| Jan 10, 1994 | Apr 27, 1995 | −61.4% | 16 mo | Apr 26, 1996 | 2.3 yrs |
| Nov 19, 1992 | Jan 21, 1993 | −35.8% | 2 mo | Jan 10, 1994 | 14 mo |
| Mar 12, 2018 | May 3, 2018 | −17.4% | 52 days | May 15, 2018 | 2 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 1992: how far Ligand Pharmaceuticals 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 Ligand Pharmaceuticals Incorporated from its all-time high?
- Ligand Pharmaceuticals Incorporated is currently 8.4% below its all-time high, set Jul 9, 2026 (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 Ligand Pharmaceuticals Incorporated drawdown ever?
- The deepest decline on record in our data (since 1992) took Ligand Pharmaceuticals Incorporated 95.0% below its prior high, bottoming Nov 19, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from LGND; no free deep history exists for Ligand Pharmaceuticals 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.