SCCO drawdown: 13.5% below the all-time high
Southern Copper Corporation (SCCO) is 13.5% below its all-time high, set Mar 2, 2026 (as of market close, Aug 13, 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 (1996).
- Below all-time high
- −13.5%
- 86.5% of ATH
- All-time high
- $216.7
- Mar 2, 2026
- Time below the high
- 5 mo
- since Mar 2, 2026
- Worst-ever drawdown
- −80.5%
- Nov 20, 2008
- Longest underwater
- 7.0 yrs
- between all-time highs
- Today's level first reached
- Jan 27, 2026
- 7 mo ago
- Last time this deep
- Nov 20, 2025
- in a previous episode
% of all-time high since 1996#
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 SCCO, 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 |
|---|---|---|---|---|---|
| Oct 29, 2007 | Nov 20, 2008 | −80.5% | 13 mo | Dec 13, 2010 | 3.1 yrs |
| Jun 19, 1997 | Jan 29, 1999 | −60.1% | 1.6 yrs | Sep 23, 2003 | 6.3 yrs |
| Apr 18, 2018 | Mar 23, 2020 | −59.0% | 1.9 yrs | Nov 23, 2020 | 2.6 yrs |
| Jan 3, 2011 | Jan 19, 2016 | −55.1% | 5.0 yrs | Jan 11, 2018 | 7.0 yrs |
| Feb 22, 2021 | Sep 26, 2022 | −47.5% | 1.6 yrs | Apr 18, 2023 | 2.1 yrs |
| Jan 5, 2004 | May 17, 2004 | −47.5% | 4 mo | Sep 30, 2004 | 9 mo |
| May 20, 2024 | Apr 8, 2025 | −40.8% | 11 mo | Oct 3, 2025 | 16 mo |
| Mar 4, 2005 | Jun 23, 2005 | −35.2% | 4 mo | Dec 1, 2005 | 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 1996: how far SCCO 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: SCCO 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 SCCO from its all-time high?
- SCCO is currently 13.5% below its all-time high, set Mar 2, 2026 (as of market close, Aug 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest SCCO drawdown ever?
- The deepest decline on record in our data (since 1996) took the stock 80.5% below its prior high, bottoming Nov 20, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1996 (split-adjusted). "All-time" means since our price data begins — SCCO 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.