TPZ

How is TPZ doing right now?

In plain terms: TPZ is 8.1% 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 TPZ — Topaz Energy Corp — is in a shallow pullback, down 8.1% from its record high. Last price: $30.82. A move of this size is statistically unremarkable. It's the kind of pullback that bounces fast or extends into a deeper correction; the next leg is what matters.

What history says at this drawdown

Across all available history, TPZ has spent enough trading days in the 10%-to-5% drawdown band to build a large sample (301 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 TPZ

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 TPZ's own volatility history. This drawdown band tends to mean-revert quickly. The Dipsern win rate here is informative — if it's well above 50%, momentum traders treat these dips as buy-the-pullback setups.