The 5-day performance of the NASDAQ 100 Index following a 1-day fall of over -5% is more noise than signal. Or as A. A. Milne noted: "It isn't really anywhere, it's somewhere else instead."
Since 1985, a fall of over -5% for the NASDAQ 100 Index has occurred on 64 occasions. On average, 5-days later the market managed to gain 1.2% with a win rate of 64% (41 wins, 23 losses). However, volatility begets volatility, & the widely distributed range of event outcomes is consistent with random.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
Since 1985, a fall of over -5% for the NASDAQ 100 Index has occurred on 64 occasions. On average, 5-days later the market managed to gain 1.2% with a win rate of 64% (41 wins, 23 losses). However, volatility begets volatility, & the widely distributed range of event outcomes is consistent with random.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.