REM

How is REM doing right now?

In plain terms: REM 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.

Right now REM — iShares Mortgage Real Estate ETF — is in a deep drawdown, down 23.1% from its record high. Last price: $21.75. Asset price action of this severity has historically marked attractive entry zones — but only when fundamentals weren't permanently impaired. The historical median return below quantifies that pattern for REM specifically.

What history says at this drawdown

Across all available history, REM has spent enough trading days in the 25%-to-20% drawdown band to build a large sample (479 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

What this means for REM

ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. Below 20% drawdowns the historical median forward return often becomes attractive — but with rising variance. The win-rate column in the segments table is more useful than the median at this depth.