ASX

Stock

ASE Technology Holding Co., Ltd.

One email when a drop — in price or in valuation — is historically rare for ASX. Otherwise we stay quiet.

Worth a look

Bigger than its usual dip. Not yet rare.

ASE Technology Holding Co., Ltd. is 17.7% off its high — deeper than its 9.3% average pullback, but it has been through 94 drawdowns before. Not historically significant yet — we'll say so if that changes.

But down is not the same as cheap: ASE Technology Holding Co., Ltd.'s P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $39.17 · as of Nov 2, 2026All-time high $47.60Drawdown -17.7%Severity Score™ 2.9Is the broader market down too?
🟡

Moderately Elevated

Current Drawdown

ⓘ

-17.7%

Days in Drawdown

ⓘ

14

Avg Max Drawdown

ⓘ

9.3%

Avg Length

ⓘ

98

Drawdown Severity Score™

2.9

ASX - Price & High Water Mark

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ASX - Drawdown Timeline

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How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of November 1, 2026 · updated daily

Where today's valuation sits within ASX's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

3.6xSeverity Score 0.0 · In or above its typical range
Low: 0.44xMedian: 1.3xHigh: 5.0x

ASE Technology Holding Co., Ltd. has been cheaper on this measure only about 94% of the time in 20 years of daily history.

27.4% below its highest Price to Sales reading · high date July 19, 2007

Price to Sales history

EV to EBITDA

18.7xSeverity Score 0.0 · In or above its typical range
Low: 3.3xMedian: 8.0xHigh: 47.4x

ASE Technology Holding Co., Ltd. has been cheaper on this measure only about 88% of the time in 19 years of daily history.

60.5% below its highest EV to EBITDA reading · high date November 16, 2009

EV to EBITDA history · log scale

How we measure valuation

ASE Technology Holding Co., Ltd. (ASX) Analysis: Current Drawdown Insights

ASE Technology Holding Co., Ltd. is currently in a drawdown that is unusual by its own historical standards. As of 2026-11-02, the stock is trading at $39.17, which represents a 17.7% decline from its all-time high of $47.60. This drawdown has persisted for 14 days.

ASX by the numbers

  • The last time ASX fell this far was the decline that began in Jul 2024. It bottomed at 41% and took 15 months to get back to its high.
  • Only 10 declines since 2000 went deeper than today's 18%.
  • Over the past 10 years, ASX spent 49% of trading days further below its high than it is now.
  • Since 2000, ASX has fallen 20% or more 10 times, about one every 3 years, and 30% or more 9 times.

The Drawdown Severity Score™ for ASE Technology Holding Co., Ltd. currently stands at 2.88. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.

New to drawdowns? Read what a drawdown is.

📜 Historical Drawdown Events

Current drawdown shown in blue. Below are 25 of ASX's larger declines from its 94 tracked pullbacks, newest first.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-10-19Ongoing14 days-17.7%$47.60$39.17n/a
2026-05-292026-06-2225 days-16.2%$40.20$33.69$43.19
2026-05-142026-05-2613 days-12.9%$35.12$30.58$38.56
2026-02-262026-04-1346 days-16.8%$24.86$20.68$26.29
2025-12-112026-01-0223 days-10.2%$16.27$14.60$16.69
2025-11-042025-12-1037 days-15.1%$16.03$13.61$16.27
2024-07-122025-10-16462 days-40.6%$11.95$7.09$12.45
2024-03-082024-06-18102 days-15.0%$10.83$9.20$11.09
2023-07-312023-11-14107 days-13.5%$7.80$6.75$7.89
2023-06-142023-07-2845 days-10.4%$7.76$6.95$7.80
2021-08-062023-06-07671 days-46.0%$7.39$3.99$7.42
2021-06-152021-07-3046 days-9.5%$6.77$6.13$6.84
2021-02-162021-06-10114 days-20.9%$6.69$5.30$6.73
2021-01-202021-02-0517 days-13.2%$5.91$5.14$6.01
2018-04-172021-01-07997 days-52.5%$5.06$2.40$5.07
2018-01-232018-03-0845 days-10.5%$4.86$4.35$4.87
2017-11-272018-01-1853 days-10.6%$4.69$4.19$4.74
2015-03-112017-11-24990 days-40.5%$4.55$2.71$4.69
2014-07-072015-01-23201 days-12.8%$3.82$3.33$3.85
2013-11-192014-03-18119 days-16.8%$2.97$2.47$2.97
2011-02-082013-09-04939 days-36.9%$2.51$1.58$2.51
2007-07-202010-11-301230 days-74.9%$1.90$0.48$1.95
2006-05-052007-04-13344 days-33.5%$1.56$1.04$1.57
2004-02-092006-04-19800 days-46.1%$1.30$0.70$1.32
2003-11-112004-01-0556 days-16.9%$1.15$0.95$1.17
2000-10-252003-11-101112 days-69.7%$1.14$0.35$1.15

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

Know the Moment Severity Changes

Since 2016, 76% of 1,117 Strong Buy and Ultra Buy alerts are in profit, up 212% on average vs 143% for the S&P 500 over the same windows (typical alert +89% vs +111%).

See every alert, losers included • Simulated, past results do not predict future results

Monitor 3 stocks free · No credit card required

Or explore current drawdowns:

ASX Price History and Drawdown Data

Latest price

$39.17

High-water mark

$47.60

Current drawdown

-17.7%

Days in drawdown

14

What History Says About ASX

ASE Technology Holding Co., Ltd. has dropped 20%+ from its high 10 times in its tracked history. These events lasted an average of 766 days with an average max drop of -46.2%.

The current drawdown of -17.7% has lasted 14 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jul 2007 to Nov 2010-74.9%1230 days
Oct 2000 to Nov 2003-69.7%1112 days
Apr 2018 to Jan 2021-52.5%997 days
Feb 2004 to Apr 2006-46.1%800 days
Aug 2021 to Jun 2023-46.0%671 days
Jul 2024 to Oct 2025-40.6%462 days

Past Strong Buy alerts for ASX

Simulated from our published thresholds, one alert per drawdown episode. Prices through Nov 2, 2026. Past results do not predict future results.

Alert dateLevelPrice at alertReturn to dateS&P 500, same windowvs S&P 500
Jan 3, 2019Strong Buy$2.56+1,430%+241%Beat
See the full track record, losers included

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Other tickers to compare

Closest current drawdowns first, then popular tickers. Percentages are each one's current drawdown from its prior high. This is a comparison list, not a recommendation.

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Stocks that usually fall about as much as ASX

Ranked by the average size of each one's declines from a high over its tracked history. ASX's average is 9.3%. This is a comparison list, not a recommendation.

Learn More About Drawdowns

About this data

Source
Adjusted daily closing prices from Yahoo Finance, so splits and dividends don't show up as drops.
Coverage
Oct 25, 2000 to Nov 2, 2026, about 26 years. 94 declines from a high recorded for ASX.
Updated
After each U.S. trading day closes. This page shows the close of Nov 2, 2026.
How it's calculated
A drawdown runs from a closing high to the next new high. See the methodology and how the Severity Score works.

Published by DrawdownAlerts. Historical facts only, not investment advice.