How is CBA doing right now?
In plain terms: CBA is 12.2% 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 CBA — Commonwealth Bank of Australia — is in a moderate correction, down 12.2% from its record high. Last price: $163.31. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.
