Distance below the 52-week high (52W high dist.)
How far the current price sits below its highest point in the last year.
It is context on where in its own recent range the share is trading.
How it is computed here
(Price - 52-week high) / 52-week high x 100
Today's market price against the latest available fundamentals. Combines today's market price with the most recently filed fundamentals. It moves whenever the price moves, with nothing having changed in the business. Filed under risk. Neither a high nor a low reading is good on its own, so it is never coloured as one.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- Pure price history. It contains no information about value.
- A share can fall ninety percent and still be expensive.
Questions
How is distance below the 52-week high calculated?
(Price - 52-week high) / 52-week high x 100. Today's market price against the latest available fundamentals. Combines today's market price with the most recently filed fundamentals. It moves whenever the price moves, with nothing having changed in the business.
What does distance below the 52-week high tell a value investor?
It is context on where in its own recent range the share is trading.
When does distance below the 52-week high mislead?
Pure price history. It contains no information about value. A share can fall ninety percent and still be expensive.