Airbnb

For Airbnb, drawdown measures the percentage decline from its all-time high closing peak of $209.99 (reached on Mar 15, 2021) to its latest daily close of $166.45: (($166.45 - $209.99) / $209.99) × 100 = -20.73% Calculations use official daily settled closes to filter out intraday wick noise. The drawdown only resets to 0.00% when a new settled close surpasses $209.99.

Measuring from Airbnb's all-time high closing price of $209.99: • -10% Dip: Triggers at $188.99 • -20% Pullback: Triggers at $167.99 • -35% Correction: Triggers at $136.49 • -35% Bear Market: Triggers at $136.49 At its latest close of $166.45 (-20.73%), Airbnb is currently in Correction territory (Substantial equity valuation reset or multiple compression (20% to 35% drop).).

From its current drawdown of -20.73%, Airbnb must gain +26.2% from its current price of $166.45 to break even back at its all-time high of $209.99. Because losses compound on a reduced capital base, the recovery gain required always exceeds the drawdown percentage. For example, on a hypothetical $1,000 capital base at today's price, returning to prior all-time highs equals $1,261.58 (a +$261.58 recovery increase).

Across completed annual calendar cycles, Airbnb experienced an average intra-year pullback of -37.2%, taking an average of 145 calendar days to reach bottom from its intra-year peak. The deepest annual decline occurred in 2022 with a -55.8% drop, while the mildest year was 2023 with a pullback of only -25.6%.

The maximum historical drawdown recorded for Airbnb across tracked cycles is -60.72%. In recent market history, its deepest calendar year decline occurred in 2022, falling -55.8% from $186.64 (Feb 16, 2022) down to a trough of $82.49 (Dec 28, 2022), spanning 315 days from peak to bottom.