TMC the metals company Inc. drawdown: 77.9% below the all-time high (price)
TMC the metals company Inc. is 77.9% below its all-time high, set Sep 13, 2021 (as of market close, Oct 27, 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
- −77.9%
- 22.1% of ATH
- All-time high
- $12.45
- Sep 13, 2021
- Time below the high
- 5.1 yrs
- since Sep 13, 2021
- Worst-ever drawdown
- −95.6%
- Dec 23, 2022
- Longest underwater
- 5.1 yrs
- between all-time highs
- Today's level first reached
- Sep 10, 2021
- 5.1 yrs ago
- Last time this deep
- never before
- no prior −77.9% episode
% of all-time high since 2021: 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 |
|---|---|---|---|---|---|
| Sep 13, 2021 | Dec 23, 2022 | −95.6% | 15 mo | not yet | 5.1 yrs+ |
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 2021: how far TMC the metals company Inc. 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 TMC the metals company Inc. from its all-time high?
- TMC the metals company Inc. is currently 77.9% below its all-time high, set Sep 13, 2021 (as of market close, Oct 27, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest TMC the metals company Inc. drawdown ever?
- The deepest decline on record in our data (since 2021) took TMC the metals company Inc. 95.6% below its prior high, bottoming Dec 23, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from TMC; no free deep history exists for TMC the metals company Inc. — 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.