MGIC Investment Corporation drawdown: 64.0% below the all-time high (price)
MGIC Investment Corporation is 64.0% below its all-time high, set Jul 13, 2004 (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
- −64.0%
- 36.0% of ATH
- All-time high
- $77.44
- Jul 13, 2004
- Time below the high
- 22.3 yrs
- since Jul 13, 2004
- Worst-ever drawdown
- −98.9%
- Aug 3, 2012
- Longest underwater
- 22.3 yrs
- between all-time highs
- Today's level first reached
- Aug 30, 1995
- 31.1 yrs ago
- Last time this deep
- never before
- no prior −64.0% episode
% of all-time high since 1991: 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 |
|---|---|---|---|---|---|
| Jul 13, 2004 | Aug 3, 2012 | −98.9% | 8.1 yrs | not yet | 22.3 yrs+ |
| Feb 27, 1998 | Oct 7, 1998 | −62.3% | 7 mo | Jun 13, 2001 | 3.3 yrs |
| Jun 27, 2001 | Oct 9, 2002 | −56.0% | 15 mo | Jul 13, 2004 | 3.0 yrs |
| Sep 24, 1993 | Jun 28, 1994 | −28.4% | 9 mo | Jan 9, 1995 | 16 mo |
| Jan 15, 1992 | Apr 29, 1992 | −25.0% | 3 mo | Nov 9, 1992 | 10 mo |
| Jan 31, 1996 | May 2, 1996 | −19.6% | 3 mo | Aug 12, 1996 | 6 mo |
| Oct 18, 1995 | Dec 18, 1995 | −18.6% | 2 mo | Jan 30, 1996 | 3 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 1991: how far MGIC Investment Corporation 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 MGIC Investment Corporation from its all-time high?
- MGIC Investment Corporation is currently 64.0% below its all-time high, set Jul 13, 2004 (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 MGIC Investment Corporation drawdown ever?
- The deepest decline on record in our data (since 1991) took MGIC Investment Corporation 98.9% below its prior high, bottoming Aug 3, 2012. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from MTG; no free deep history exists for MGIC Investment Corporation — 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.