Correction Territory helps investors find financial assets that are currently trading at low prices compared to their own price history.
By calculating the percentage gap between an asset's current price and its all-time high, we classify each asset into three price zones:
The price is less than 5% below its peak
The price is 5%–15% below its peak
The price is 15% or more below its peak
The traffic-light colors help investors view price declines differently: not only as warning signs, but also as potential opportunities.
“Be fearful when others are greedy, and greedy when others are fearful.”
How many times the asset closed at a new high in the last five years.
How many days have passed since its last record high.
Percent gain if the price returns to its all-time high.
Correction Territory refers to a market correction: a drop of more than 10% from a recent high. A drop of more than 20% is known as a bear market, which inspired our bear symbol.
We hope it brings you value on your path toward financial independence!