Norwegian Cruise Line Holdings drawdown: 77.9% below the all-time high
Norwegian Cruise Line Holdings is 77.9% below its all-time high, set Nov 2, 2015 (as of market close, Sep 18, 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.
- Below all-time high
- −77.9%
- 22.1% of ATH
- All-time high
- $63.76
- Nov 2, 2015
- Time below the high
- 10.9 yrs
- since Nov 2, 2015
- Worst-ever drawdown
- −87.8%
- Mar 18, 2020
- Longest underwater
- 10.9 yrs
- between all-time highs
- Today's level first reached
- Jan 18, 2013
- 13.7 yrs ago
- Last time this deep
- never before
- no prior −77.9% episode
% of all-time high since 2013#
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 |
|---|---|---|---|---|---|
| Nov 2, 2015 | Mar 18, 2020 | −87.8% | 4.4 yrs | not yet | 10.9 yrs+ |
| Jan 16, 2014 | Apr 15, 2014 | −19.7% | 3 mo | Sep 2, 2014 | 8 mo |
| Sep 2, 2014 | Oct 15, 2014 | −16.0% | 43 days | Oct 30, 2014 | 58 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 2013: how far Norwegian Cruise Line Holdings 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 Norwegian Cruise Line Holdings from its all-time high?
- Norwegian Cruise Line Holdings is currently 77.9% below its all-time high, set Nov 2, 2015 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Norwegian Cruise Line Holdings drawdown ever?
- The deepest decline on record in our data (since 2013) took Norwegian Cruise Line Holdings 87.8% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from NCLH; no free deep history exists for Norwegian Cruise Line Holdings — 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.