PSH

How is PSH doing right now?

In plain terms: PSH is 23.1% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Pershing Square Holdings (PSH) sits 23.1% off its peak and is currently in a deep drawdown, last printing at $3,914. Deep drawdowns shift the conversation from "is this a buy" to "what's broken". Sometimes it's macro. Sometimes it's the asset itself. Dipsern's data tells you which one history rewarded.

What history says at this drawdown

History at this drawdown level is well-populated for PSH — 104 confirmed observations in the 25%-to-20% band. The Dipsern engine uses these to compute a rolling median rather than a mean, because medians are robust to the kind of fat tails you find in uk stocks return distributions. The win rate (% of episodes that closed positive after 90 days) is shown in the segments table below.

What this means for PSH

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to PSH's own volatility history. Deep drawdowns require a story for why this time isn't different. The Dipsern signal can tell you what historically happened next; it can't tell you whether the current setup matches the historical analog.