The New Germany Fund, Inc. (GF) is trading at $12.21, which is -16.1% below its all-time high of $14.55. The Drawdown Severity Score is 3.0, placing it in the yellow (elevated) zone. Over its tracked history, GF has experienced 98 significant drawdown events with an average maximum drawdown of -6.2%.
Data last updated: May 30, 2026 at 04:19 PM EDT
GF
StockThe New Germany Fund, Inc.
Price
$12.21
as of May 29, 2026
All Time High: $14.55
Moderately Elevated
Current Drawdown
-16.1%
Days in Drawdown
1654
Avg Max Drawdown
6.2%
Avg Length
115
Drawdown Severity Score™
3.0
GF - Price & High Water Mark
GF - Drawdown Timeline
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.
The New Germany Fund, Inc. (GF) Analysis: Current Drawdown Insights
The New Germany Fund, Inc. is currently experiencing an unusual drawdown opportunity. As of 2026-05-29, the stock is trading at $12.21, which represents a 16.1% decline from its all-time high of $14.55. This drawdown has persisted for 1654 days.
Based on comprehensive historical analysis spanning 14 years, The New Germany Fund, Inc. typically experiences drawdowns averaging 6.2% in depth, with an average duration of 115 days. The New Germany Fund, Inc. has gone through 98 total drawdown events in the last 14 years. The largest drawdown for The New Germany Fund, Inc. in the last 14 years was 40.8%. The longest drawdown duration in its history was 1152 days.
The Drawdown Severity Score™ for The New Germany Fund, Inc. currently stands at 2.97. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed normal ranges—worth monitoring for potential opportunities.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing The New Germany Fund, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.
📜 Historical Drawdown Events
Current drawdown shown in blue. Complete record of all 98 historical pullbacks below.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2021-11-17 | Ongoing | 1654 days | -16.1% | $14.55 | $12.21 | — |
| 2021-09-07 | 2021-09-13 | 7 days | -0.4% | $14.52 | $14.46 | $14.55 |
| 2021-08-31 | 2021-09-01 | 2 days | -0.2% | $14.38 | $14.35 | $14.43 |
| 2021-08-16 | 2021-08-30 | 15 days | -1.5% | $14.31 | $14.10 | $14.38 |
| 2021-06-16 | 2021-08-11 | 57 days | -5.3% | $14.25 | $13.49 | $14.25 |
| 2021-06-09 | 2021-06-15 | 7 days | -0.7% | $14.25 | $14.14 | $14.25 |
| 2021-06-03 | 2021-06-08 | 6 days | -1.0% | $14.24 | $14.10 | $14.25 |
| 2021-04-29 | 2021-05-28 | 30 days | -5.1% | $14.00 | $13.29 | $14.11 |
| 2020-12-29 | 2021-04-26 | 118 days | -10.9% | $13.86 | $12.34 | $13.89 |
| 2020-12-24 | 2020-12-28 | 5 days | -0.1% | $13.75 | $13.74 | $13.86 |
| 2020-12-02 | 2020-12-03 | 2 days | -0.1% | $12.46 | $12.45 | $12.57 |
| 2020-11-25 | 2020-11-30 | 6 days | -0.1% | $12.22 | $12.21 | $12.23 |
| 2020-11-20 | 2020-11-23 | 4 days | -0.6% | $12.07 | $11.99 | $12.20 |
| 2020-11-18 | 2020-11-19 | 2 days | -0.1% | $11.89 | $11.89 | $12.07 |
| 2020-11-10 | 2020-11-17 | 8 days | -2.0% | $11.72 | $11.49 | $11.89 |
| 2020-10-13 | 2020-11-09 | 28 days | -9.9% | $11.54 | $10.40 | $11.72 |
| 2020-09-03 | 2020-10-12 | 40 days | -6.6% | $11.45 | $10.70 | $11.54 |
| 2020-08-13 | 2020-09-01 | 20 days | -2.3% | $11.36 | $11.10 | $11.37 |
| 2020-08-07 | 2020-08-10 | 4 days | -0.5% | $10.99 | $10.94 | $11.07 |
| 2020-07-09 | 2020-08-05 | 28 days | -4.3% | $10.84 | $10.37 | $10.84 |
| 2020-06-09 | 2020-07-02 | 24 days | -7.7% | $10.20 | $9.41 | $10.20 |
| 2020-01-23 | 2020-06-05 | 134 days | -40.8% | $10.15 | $6.01 | $10.17 |
| 2020-01-21 | 2020-01-22 | 2 days | -0.2% | $10.10 | $10.08 | $10.15 |
| 2020-01-03 | 2020-01-17 | 15 days | -1.6% | $10.08 | $9.92 | $10.10 |
| 2018-01-24 | 2020-01-02 | 709 days | -31.1% | $10.04 | $6.92 | $10.08 |
| 2018-01-10 | 2018-01-11 | 2 days | -0.3% | $9.65 | $9.62 | $9.69 |
| 2017-12-22 | 2017-12-28 | 7 days | -0.3% | $9.06 | $9.03 | $9.10 |
| 2017-12-20 | 2017-12-21 | 2 days | -0.2% | $9.01 | $8.99 | $9.06 |
| 2017-12-04 | 2017-12-18 | 15 days | -2.1% | $8.97 | $8.78 | $8.97 |
| 2017-11-02 | 2017-11-21 | 20 days | -2.6% | $8.69 | $8.46 | $8.74 |
| 2017-10-19 | 2017-11-01 | 14 days | -1.9% | $8.60 | $8.44 | $8.69 |
| 2017-10-16 | 2017-10-18 | 3 days | -0.3% | $8.53 | $8.50 | $8.60 |
| 2017-10-06 | 2017-10-12 | 7 days | -0.7% | $8.46 | $8.40 | $8.46 |
| 2017-10-02 | 2017-10-03 | 2 days | -0.3% | $8.43 | $8.40 | $8.45 |
| 2017-09-25 | 2017-09-29 | 5 days | -1.0% | $8.36 | $8.28 | $8.43 |
| 2017-09-12 | 2017-09-18 | 7 days | -1.1% | $8.22 | $8.13 | $8.25 |
| 2017-09-05 | 2017-09-06 | 2 days | -0.6% | $8.01 | $7.97 | $8.02 |
| 2017-08-07 | 2017-09-01 | 26 days | -4.0% | $7.99 | $7.67 | $8.01 |
| 2014-06-10 | 2017-08-04 | 1152 days | -34.2% | $7.98 | $5.25 | $7.99 |
| 2013-12-30 | 2014-06-09 | 161 days | -8.8% | $7.97 | $7.27 | $7.98 |
| 2013-12-02 | 2013-12-19 | 18 days | -2.7% | $7.45 | $7.25 | $7.45 |
| 2013-10-25 | 2013-11-29 | 36 days | -2.0% | $7.42 | $7.27 | $7.45 |
| 2013-10-23 | 2013-10-24 | 2 days | -0.4% | $7.39 | $7.36 | $7.42 |
| 2013-10-07 | 2013-10-10 | 4 days | -0.7% | $6.85 | $6.80 | $6.89 |
| 2013-09-19 | 2013-10-02 | 14 days | -2.0% | $6.76 | $6.62 | $6.79 |
| 2013-09-17 | 2013-09-18 | 2 days | -0.3% | $6.69 | $6.67 | $6.76 |
| 2013-08-27 | 2013-09-10 | 15 days | -4.3% | $6.49 | $6.21 | $6.49 |
| 2013-08-15 | 2013-08-23 | 9 days | -1.3% | $6.48 | $6.40 | $6.48 |
| 2013-08-12 | 2013-08-14 | 3 days | -0.3% | $6.40 | $6.39 | $6.48 |
| 2013-08-07 | 2013-08-08 | 2 days | -0.5% | $6.30 | $6.27 | $6.36 |
| 2013-06-19 | 2013-07-29 | 41 days | -7.8% | $6.00 | $5.53 | $6.00 |
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).
Don't Miss the Next Rare Buying Opportunity
See 9 real alerts from the past 5 years with actual returns
Average gain: +988% • Real alerts • Real results
Or explore current opportunities:
GF Price History and Drawdown Data
Latest price
$12.21
High-water mark
$14.55
Current drawdown
-16.1%
Days in drawdown
1,654
This GF page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior The New Germany Fund, Inc. drawdowns.
What History Says About GF
The New Germany Fund, Inc. has dropped 10%+ from its high 4 times in its tracked history. These events lasted an average of 528 days with an average max drop of -29.2%.
The current drawdown of -16.1% has lasted 1,654 days, which is 3.1x the average duration of comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jan 2020 to Jun 2020 | -40.8% | 134 days |
| Jun 2014 to Aug 2017 | -34.2% | 1152 days |
| Jan 2018 to Jan 2020 | -31.1% | 709 days |
| Dec 2020 to Apr 2021 | -10.9% | 118 days |
Track GF in a weekly digest
Get one weekly drawdown digest and a reminder to build a watchlist for tickers like The New Germany Fund, Inc.. No per-article blasts.
Learn More About Drawdowns
What is a Drawdown?
Definition, formula, and real examples
Understanding Severity Scores
How our scoring compares to maximum drawdown
Our Methodology
Technical details behind the data
The Drawdown Severity Score
Our proprietary scoring algorithm explained
Latest Analysis
Blog posts and market commentary
Signal of the Day
A daily drawdown signal from the full market database
Explore All Tickers
Browse stocks, ETFs, and crypto drawdowns