NVDA - From The Peak: S&P 500 Constituent-Level Returns
After the sharp sell-off in the S&P 500 (SPY) this past week, the broad market equity gauge is now down 15.4% from its local high on September 20th. The median stock in the S&P 500 is down 18.4%. This article discusses the distribution of returns for the S&P 500 constituents over the last three months to demonstrate how broad-based the sell-off has been for Seeking Alpha readers.
The graph below plots the returns of the S&P 500 constituents in ascending order over the past 3 months.
A couple of observations from the graph: