DVN

How is DVN doing right now?

In plain terms: DVN is 45% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

As of the latest market close, Devon Energy (DVN) is trading in a severe drawdown, 45.0% below its all-time high at $42.89. Severe drawdowns separate structurally sound assets from the ones that don't recover. The historical data below shows what DVN did after similar episodes.

What history says at this drawdown

DVN reaches this drawdown band repeatedly in its history (779 observations), which is a large sample for the segmentation engine to compute a stable median forward return. The engine uses a rolling 90-day window and gives more weight to recent years — this lets the signal adapt to regime changes (e.g., post-COVID volatility) without losing the long-run base rate.

What this means for DVN

For US large-caps, drawdowns of 20-30% are typically driven by macro repricing (rates, earnings, sector rotation). Single-name 50%+ drawdowns are usually structural — the signal alone won't tell you which, but the segments table will show whether prior episodes recovered. At this depth, focus on prediction error and sample size before median return. A high historical median return at -40% means nothing if the prediction error was also 30%.