ASX

How is ASX doing right now?

In plain terms: ASX is 37% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Right now ASX — ASX Ltd. — is in a severe drawdown, down 37.0% from its record high. Last price: $51.22. Severe drawdowns separate structurally sound assets from the ones that don't recover. The historical data below shows what ASX did after similar episodes.

What history says at this drawdown

ASX reaches this drawdown band repeatedly in its history (681 observations), which is a large sample for the segmentation engine to compute a stable median forward return. The engine uses a rolling 90-day window and gives more weight to recent years — this lets the signal adapt to regime changes (e.g., post-COVID volatility) without losing the long-run base rate.

What this means for ASX

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 ASX's own volatility history. At this depth, focus on prediction error and sample size before median return. A high historical median return at -40% means nothing if the prediction error was also 30%.