Southern Copper Corporation drawdown: 7.8% below the all-time high
Southern Copper Corporation is 7.8% below its all-time high, set Aug 25, 2026 (as of market close, Sep 30, 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
- −7.8%
- 92.2% of ATH
- All-time high
- $219.7
- Aug 25, 2026
- Time below the high
- 36 days
- since Aug 25, 2026
- Worst-ever drawdown
- −80.5%
- Nov 20, 2008
- Longest underwater
- 7.0 yrs
- between all-time highs
- Today's level first reached
- Jan 29, 2026
- 8 mo ago
- Last time this deep
- Aug 20, 2026
- 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. 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 |
|---|---|---|---|---|---|
| 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 Southern Copper 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 Southern Copper Corporation from its all-time high?
- Southern Copper Corporation is currently 7.8% below its all-time high, set Aug 25, 2026 (as of market close, Sep 30, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Southern Copper Corporation drawdown ever?
- The deepest decline on record in our data (since 1996) took Southern Copper Corporation 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 data since -1 from SCCO; no free deep history exists for Southern Copper 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.