NOK drawdown: 82.5% below the all-time high
Nokia Corporation Sponsored American Depositary Shares (NOK) is 82.5% below its all-time high, set Jun 19, 2000 (as of market close, Aug 17, 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 (1994).
- Below all-time high
- −82.5%
- 17.5% of ATH
- All-time high
- $61.88
- Jun 19, 2000
- Time below the high
- 26.2 yrs
- since Jun 19, 2000
- Worst-ever drawdown
- −97.3%
- Jul 17, 2012
- Longest underwater
- 26.2 yrs
- between all-time highs
- Today's level first reached
- Jul 20, 1998
- 28.1 yrs ago
- Last time this deep
- never before
- no prior −82.5% episode
% of all-time high since 1994#
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 NOK, 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 |
|---|---|---|---|---|---|
| Jun 19, 2000 | Jul 17, 2012 | −97.3% | 12.1 yrs | not yet | 26.2 yrs+ |
| Sep 14, 1995 | Apr 8, 1996 | −58.4% | 7 mo | Jul 7, 1997 | 1.8 yrs |
| Oct 22, 1997 | Dec 23, 1997 | −36.6% | 2 mo | Mar 13, 1998 | 5 mo |
| Jul 24, 1998 | Oct 8, 1998 | −31.8% | 2 mo | Oct 30, 1998 | 3 mo |
| May 1, 2000 | May 23, 2000 | −24.1% | 22 days | Jun 19, 2000 | 49 days |
| Mar 27, 2000 | Apr 14, 2000 | −20.9% | 18 days | May 1, 2000 | 35 days |
| Dec 31, 1999 | Jan 6, 2000 | −19.9% | 6 days | Feb 3, 2000 | 34 days |
| Jul 16, 1999 | Aug 4, 1999 | −19.7% | 19 days | Oct 8, 1999 | 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 1994: how far NOK 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: NOK 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 NOK from its all-time high?
- NOK is currently 82.5% below its all-time high, set Jun 19, 2000 (as of market close, Aug 17, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest NOK drawdown ever?
- The deepest decline on record in our data (since 1994) took the stock 97.3% below its prior high, bottoming Jul 17, 2012. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1994 (split-adjusted). "All-time" means since our price data begins — NOK 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.