HK/China Stocks signal
9988

9988

Alibaba Group Holding Limited · Consumer Cyclical

HK/China StocksInternet RetailHKGHKD-65.1% from ATH
Current Price

$106.70

Drawdown from ATH

-65.1%

Last Updated

Jun 17, 2026

Dipsern Grade90d

C

Marginal

Graded against 9988's own history at this drawdown — not the market's.

What it means: 9988's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-20.49%
May 6Jun 17
About 9988

Alibaba Group Holding Limited

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates digital retail platforms under the Taobao and Tmall names; wholesale marketplaces through 1688.com and Alibaba.com; global e-commerce platform under the AliExpress name; e-commerce platforms under the Lazada, Trendyol, an

The reading

How Dipsern reads 9988 right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is 9988 doing right now?

In plain terms: 9988 is 65.1% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

As of the latest market close, Alibaba Group (9988) is trading in a historic crash, 65.1% below its all-time high at $106.7. When an asset is this far below its peak, the binary becomes recovery vs. zero. Dipsern's segmentation answers the question with data, not narratives.

Historical base rate

What history says at this drawdown

History at this drawdown level is well-populated for 9988 — 157 confirmed observations in the 70%-to-65% 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.

Interpretation

What this means for 9988

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 9988's own volatility history. In crash territory, the most informative number is the worst observed forward return — not the median. The full app shows the max-loss column for the current segment.

Comparable signals

Other HK/China Stocks at similar drawdown levels

Five tickers closest to 9988's distance from all-time high. Same category, one tap away.

China Mengniu Dairy

-65.7% from ATH

Shanxi Xinghuacun Fen Wine Factory

-66.4% from ATH

Sunny Optical Technology

-66.6% from ATH

Xinyi Glass Holdings

-62.8% from ATH

SAIC Motor Corp.

-62.7% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for 9988. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-85% to -80%1
-80% to -75%183
-75% to -70%349
-70% to -65%Current157
-65% to -60%172
-60% to -55%82
-55% to -50%49
-50% to -45%105
-45% to -40%32
-40% to -35%16
-35% to -30%43
-30% to -25%51
Methodology

Every grade is reproducible.

We segment 40+ years of 9988's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock 9988's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for 9988.

Dipsern is research and a second opinion — not a broker. You'd buy 9988 at your own broker.

Analyze 9988 Free

No credit card required · 5 free analyses per month

Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.