Novo Nordisk A/S drawdown: 70.6% below the all-time high
Novo Nordisk A/S is 70.6% below its all-time high, set Jun 25, 2024 (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
- −70.6%
- 29.4% of ATH
- All-time high
- $146.91
- Jun 25, 2024
- Time below the high
- 2.2 yrs
- since Jun 25, 2024
- Worst-ever drawdown
- −76.0%
- Mar 30, 2026
- Longest underwater
- 7.9 yrs
- between all-time highs
- Today's level first reached
- Jul 8, 2021
- 5.2 yrs ago
- Last time this deep
- Dec 31, 1987
- in a previous episode
% of all-time high since 1981#
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 |
|---|---|---|---|---|---|
| Jun 25, 2024 | Mar 30, 2026 | −76.0% | 1.8 yrs | not yet | 2.2 yrs+ |
| Sep 20, 1983 | Oct 19, 1987 | −72.3% | 4.1 yrs | Aug 26, 1991 | 7.9 yrs |
| Aug 6, 2001 | Aug 5, 2002 | −51.7% | 12 mo | Feb 19, 2004 | 2.5 yrs |
| Aug 3, 2015 | Nov 23, 2016 | −47.6% | 16 mo | Jan 15, 2020 | 4.5 yrs |
| May 4, 1998 | Mar 22, 1999 | −42.9% | 11 mo | May 26, 2000 | 2.1 yrs |
| Apr 8, 2008 | Apr 15, 2009 | −42.5% | 12 mo | Mar 5, 2010 | 1.9 yrs |
| Apr 21, 2011 | Oct 7, 2011 | −28.0% | 6 mo | Feb 7, 2012 | 10 mo |
| Sep 26, 2000 | Nov 22, 2000 | −26.7% | 57 days | Jun 20, 2001 | 9 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 1981: how far Novo Nordisk A/S 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 Novo Nordisk A/S from its all-time high?
- Novo Nordisk A/S is currently 70.6% below its all-time high, set Jun 25, 2024 (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 Novo Nordisk A/S drawdown ever?
- The deepest decline on record in our data (since 1981) took Novo Nordisk A/S 76.0% below its prior high, bottoming Mar 30, 2026. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from NVO; no free deep history exists for Novo Nordisk A/S — 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.