Nordic American Tankers Limited drawdown: 85.8% below the all-time high (price)
Nordic American Tankers Limited is 85.8% below its all-time high, set Feb 28, 2005 (as of market close, Oct 27, 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
- −85.8%
- 14.2% of ATH
- All-time high
- $54.84
- Feb 28, 2005
- Time below the high
- 21.7 yrs
- since Feb 28, 2005
- Worst-ever drawdown
- −97.4%
- Feb 3, 2022
- Longest underwater
- 21.7 yrs
- between all-time highs
- Today's level first reached
- Sep 30, 1997
- 29.1 yrs ago
- Last time this deep
- never before
- no prior −85.8% episode
% of all-time high since 1997: 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 |
|---|---|---|---|---|---|
| Feb 28, 2005 | Feb 3, 2022 | −97.4% | 16.9 yrs | not yet | 21.7 yrs+ |
| Oct 10, 2000 | Oct 10, 2002 | −56.0% | 2.0 yrs | Mar 25, 2004 | 3.5 yrs |
| Oct 16, 1997 | Feb 8, 1999 | −47.1% | 16 mo | Aug 31, 2000 | 2.9 yrs |
| Jul 9, 2004 | Aug 6, 2004 | −32.2% | 28 days | Oct 18, 2004 | 3 mo |
| Apr 26, 2004 | May 10, 2004 | −21.8% | 14 days | Jun 3, 2004 | 38 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 1997: how far Nordic American Tankers Limited 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 Nordic American Tankers Limited from its all-time high?
- Nordic American Tankers Limited is currently 85.8% below its all-time high, set Feb 28, 2005 (as of market close, Oct 27, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Nordic American Tankers Limited drawdown ever?
- The deepest decline on record in our data (since 1997) took Nordic American Tankers Limited 97.4% below its prior high, bottoming Feb 3, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from NAT; no free deep history exists for Nordic American Tankers Limited — 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.