2388

How is 2388 doing right now?

In plain terms: 2388 is 0.3% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

BOC Hong Kong Holdings (2388) sits 0.3% off its peak and is currently at or near all-time highs, last printing at $48.78. That puts 2388 in a momentum regime: buyers are in control and there's no meaningful technical damage on the chart yet.

What history says at this drawdown

History at this drawdown level is well-populated for 2388 — 1455 confirmed observations in the 5%-to-0% band. The Dipsern engine uses these to compute a rolling median rather than a mean, because medians are robust to the kind of fat tails you find in hk/china stocks return distributions. The win rate (% of episodes that closed positive after 90 days) is shown in the segments table below.

What this means for 2388

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to 2388's own volatility history. At this level the Dipsern signal is mostly tracking momentum, not mean reversion. Most buying-the-dip frameworks aren't relevant when there is no dip.