Stock Regimes

Major swings and moving-average trends across the full price history, with each period compared to the S&P 500.

Symbol
AM.PA
Window
1990-04-02 โ€“ 2026-11-06
Min reversal 20%
Regimes
45
Current regime
Drawdown
since 2026-02-20 ยท -13.4%
Stock return
+6,784.6%
S&P 500
+2,078.0%
Excess
+4,706.6%

Price history

Green bands are rallies and red bands are drawdowns. A swing is confirmed when price reverses by at least 20%.

Close Rally Drawdown

Versus the S&P 500

Both series are rebased to 100 at the first date they share in this window. Returns are price returns from adjusted closes, not dividend total return.

AM.PA S&P 500

Regimes

Direction Start End Trading days Start price End price Stock Annualized S&P 500 Excess
Drawdown 1990-04-24 1991-12-12 12 $4.73 $2.36 -50.2% -100.0% +15.5% -65.6%
Rally 1991-12-12 1992-06-22 130 $2.36 $3.64 +54.5% +132.4% +5.7% +48.8%
Drawdown 1992-06-22 1992-10-07 76 $3.64 $2.88 -20.8% -53.8% +0.2% -21.0%
Rally 1992-10-07 1994-02-16 342 $2.88 $5.37 +86.3% +58.2% +17.0% +69.4%
Drawdown 1994-02-16 1994-06-22 84 $5.37 $3.72 -30.7% -66.8% -4.2% -26.6%
Rally 1994-06-22 1994-08-08 28 $3.72 $4.55 +22.3% +509.9% +1.1% +21.2%
Drawdown 1994-08-08 1995-03-23 140 $4.55 $3.45 -24.1% -39.2% +8.3% -32.4%
Rally 1995-03-23 1995-05-16 34 $3.45 $4.48 +29.9% +595.8% +6.5% +23.4%
Drawdown 1995-05-16 1995-12-21 144 $4.48 $2.85 -36.5% -54.8% +15.6% -52.1%
Rally 1995-12-21 1996-02-27 47 $2.85 $5.48 +92.4% +3,241.2% +6.0% +86.4%
Drawdown 1996-02-27 1996-04-09 29 $5.48 $4.26 -22.2% -88.7% -0.8% -21.4%
Rally 1996-04-09 1997-03-11 230 $4.26 $13.81 +224.0% +262.5% +26.3% +197.6%
Drawdown 1997-03-11 1997-06-02 54 $13.81 $9.28 -32.8% -84.4% +4.3% -37.1%
Rally 1997-06-02 1998-07-01 270 $9.28 $19.25 +107.5% +97.7% +35.7% +71.8%
Drawdown 1998-07-01 1998-10-05 67 $19.25 $11.61 -39.7% -85.1% -13.9% -25.8%
Rally 1998-10-05 1998-12-23 57 $11.61 $19.73 +70.0% +944.3% +24.3% +45.7%
Drawdown 1998-12-23 1999-03-23 61 $19.73 $7.99 -59.5% -97.6% +2.7% -62.2%
Rally 1999-03-23 2000-02-17 232 $7.99 $14.85 +85.8% +96.0% +10.0% +75.8%
Drawdown 2000-02-17 2000-04-18 44 $14.85 $10.87 -26.8% -83.2% +3.8% -30.6%
Rally 2000-04-18 2002-05-21 526 $10.87 $29.77 +173.7% +62.0% -25.1% +198.8%
Drawdown 2002-05-21 2003-02-26 199 $29.77 $14.89 -50.0% -58.4% -23.4% -26.6%
Rally 2003-02-26 2007-07-03 1,114 $14.89 $64.43 +332.7% +39.3% +84.3% +248.5%
Drawdown 2007-07-03 2009-04-30 464 $64.43 $24.29 -62.3% -41.1% -42.8% -19.5%
Rally 2009-04-30 2011-05-27 534 $24.29 $59.00 +142.9% +52.0% +52.5% +90.4%
Drawdown 2011-05-27 2011-12-27 152 $59.00 $45.48 -22.9% -35.0% -4.9% -18.0%
Rally 2011-12-27 2014-07-11 642 $45.48 $101.48 +123.1% +37.0% +55.5% +67.6%
Drawdown 2014-07-11 2014-10-07 62 $101.48 $78.35 -22.8% -65.1% -1.7% -21.1%
Rally 2014-10-07 2015-02-18 94 $78.35 $110.51 +41.0% +151.4% +8.5% +32.5%
Drawdown 2015-02-18 2016-02-08 248 $110.51 $76.30 -31.0% -31.4% -11.7% -19.2%
Rally 2016-02-08 2018-07-17 625 $76.30 $153.75 +101.5% +32.6% +51.6% +49.9%
Drawdown 2018-07-17 2019-01-03 120 $153.75 $104.85 -31.8% -55.2% -12.9% -18.9%
Rally 2019-01-03 2019-02-28 41 $104.85 $132.30 +26.2% +317.4% +13.8% +12.4%
Drawdown 2019-02-28 2019-05-31 64 $132.30 $101.57 -23.2% -64.7% -1.2% -22.1%
Rally 2019-05-31 2019-09-05 70 $101.57 $127.30 +25.3% +125.5% +8.1% +17.2%
Drawdown 2019-09-05 2020-03-18 137 $127.30 $57.47 -54.9% -76.8% -19.4% -35.4%
Rally 2020-03-18 2020-04-08 16 $57.47 $76.02 +32.3% +8,093.3% +14.7% +17.6%
Drawdown 2020-04-08 2020-05-14 24 $76.02 $58.47 -23.1% -93.6% +3.7% -26.8%
Rally 2020-05-14 2020-06-08 18 $58.47 $88.66 +51.6% +33,871.4% +13.3% +38.3%
Drawdown 2020-06-08 2020-10-29 104 $88.66 $63.74 -28.1% -55.0% +2.4% -30.5%
Rally 2020-10-29 2022-06-07 413 $63.74 $154.81 +142.9% +71.8% +25.7% +117.2%
Drawdown 2022-06-07 2022-09-28 82 $154.81 $109.42 -29.3% -65.6% -10.6% -18.7%
Rally 2022-09-28 2024-05-16 417 $109.42 $201.39 +84.1% +44.6% +42.4% +41.6%
Drawdown 2024-05-16 2024-07-23 49 $201.39 $157.05 -22.0% -72.2% +4.9% -26.9%
Rally 2024-07-23 2026-02-20 405 $157.05 $347.46 +121.2% +63.9% +24.4% +96.9%
Drawdown Ongoing 2026-02-20 2026-11-06 183 $347.46 $301.00 -13.4% -17.9% +6.8% -20.1%

Stock returns use adjusted closes. Annualized compounds that stock return over a 252-trading-day year. S&P 500 is the GSPC index price return over the same dates. Excess is the stock return minus the S&P 500 return.