Drawdown from Peak
How far price sits below its all-time high at each point.
▍How it is computed
Price ÷ the running maximum of price up to that day, minus one. Built from the real price series.
▍How to read it
Zero means a fresh all-time high. The deep, long troughs are the bear markets; the climbs back toward zero are recoveries.
▍Get the data
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