Open Text Corporation drawdown: 49.2% below the all-time high (price)
Open Text Corporation is 49.2% below its all-time high, set Sep 1, 2021 (as of market close, Oct 23, 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
- −49.2%
- 50.8% of ATH
- All-time high
- $54.98
- Sep 1, 2021
- Time below the high
- 5.1 yrs
- since Sep 1, 2021
- Worst-ever drawdown
- −81.3%
- Sep 20, 1996
- Longest underwater
- 5.1 yrs
- between all-time highs
- Today's level first reached
- Aug 13, 2014
- 12.2 yrs ago
- Last time this deep
- Sep 14, 2006
- in a previous episode
% of all-time high since 1996: 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 |
|---|---|---|---|---|---|
| Jan 24, 1996 | Sep 20, 1996 | −81.3% | 8 mo | Dec 16, 1998 | 2.9 yrs |
| Apr 13, 1999 | Nov 8, 1999 | −72.1% | 7 mo | Feb 24, 2000 | 10 mo |
| Mar 1, 2000 | Jul 26, 2002 | −70.5% | 2.4 yrs | Feb 9, 2004 | 3.9 yrs |
| Mar 5, 2004 | Sep 8, 2005 | −64.3% | 1.5 yrs | Nov 2, 2007 | 3.7 yrs |
| Sep 1, 2021 | Jun 22, 2026 | −63.6% | 4.8 yrs | not yet | 5.1 yrs+ |
| May 6, 2008 | Oct 27, 2008 | −40.6% | 6 mo | Jul 23, 2009 | 15 mo |
| Feb 13, 2015 | Jul 27, 2015 | −39.7% | 5 mo | Jun 21, 2016 | 16 mo |
| Feb 14, 2020 | Mar 23, 2020 | −38.9% | 38 days | Feb 5, 2021 | 12 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 1996: how far Open Text 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 Open Text Corporation from its all-time high?
- Open Text Corporation is currently 49.2% below its all-time high, set Sep 1, 2021 (as of market close, Oct 23, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Open Text Corporation drawdown ever?
- The deepest decline on record in our data (since 1996) took Open Text Corporation 81.3% below its prior high, bottoming Sep 20, 1996. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from OTEX; no free deep history exists for Open Text 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.