ChartRow logo
Data provided bySource: Twelve Data
ZLAB
$24.60-5.53%
as of close, Nov 13, 2026
☾ AH $24.60 -5.53%
Zai Lab Limited American Depositary SharesStock · HealthcareEmerging Markets · 0.02% of VWO
PeersONCSPYQQQNVDAAAPLMSFT
Share this page

Zai Lab Limited American Depositary Shares drawdown: 87.2% below the all-time high (price)

Zai Lab Limited American Depositary Shares is 87.2% below its all-time high, set Jan 20, 2021 (as of market close, Nov 13, 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
−87.2%
12.8% of ATH
All-time high
$191.71
Jan 20, 2021
Time below the high
5.8 yrs
since Jan 20, 2021
Worst-ever drawdown
−92.8%
Apr 17, 2024
Longest underwater
5.8 yrs
between all-time highs
Today's level first reached
Sep 19, 2017
9.1 yrs ago
Last time this deep
never before
no prior −87.2% episode

% of all-time high since 2017: 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.

Basis
Range
All-time high = 100%0%20%40%60%80%
ZLAB close · log102050100200
20182018Jul2019Jul2020Jul2021Jul2022Jul2023Jul2024Jul2025Jul2026Jul

The deepest drawdowns on record#

Data provided bySource: Twelve Data

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Jan 20, 2021Apr 17, 2024−92.8%3.2 yrsnot yet5.8 yrs+
Oct 11, 2017Oct 11, 2018−56.1%12 moJun 25, 20191.7 yrs
Feb 19, 2020Mar 16, 2020−29.2%26 daysApr 17, 202058 days
Aug 22, 2019Oct 23, 2019−20.9%2 moNov 11, 20193 mo
Jul 9, 2020Sep 21, 2020−18.1%2 moOct 7, 20203 mo
May 19, 2020May 22, 2020−16.5%3 daysJun 19, 202031 days
Jul 15, 2019Aug 12, 2019−16.3%28 daysAug 22, 201938 days
Sep 21, 2017Oct 2, 2017−15.1%11 daysOct 10, 201719 days

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#

Data provided bySource: Twelve Data

One dot per month since 2017: how far Zai Lab Limited American Depositary Shares stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

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 Zai Lab Limited American Depositary Shares from its all-time high?
Zai Lab Limited American Depositary Shares is currently 87.2% below its all-time high, set Jan 20, 2021 (as of market close, Nov 13, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Zai Lab Limited American Depositary Shares drawdown ever?
The deepest decline on record in our data (since 2017) took Zai Lab Limited American Depositary Shares 92.8% below its prior high, bottoming Apr 17, 2024. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since 2017 from ZLAB; no free deep history exists for Zai Lab Limited American Depositary Shares — 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.

More on Zai Lab Limited American Depositary Shares