Largest Negative One-Day Changes for SAVA

How does SAVA usually behave after a large single-day down move in the stock price?

Using the 12 largest single-day down moves over the last 3 years in SAVA stock, the average move was -26.1% with the single largest daily move of -83.8% occurring on 25-Nov-2024. The following day, SAVA stock price averaged -7.8% losses, with down moves exceeding up moves. The stock was down 58% of the time in that period one day after these significant moves. Earnings dates have been excluded from this analysis.

Catalysts

9 of the moves coincided with a company-issued press release.

1 Week After

The following week, SAVA stock price averaged -10.1% losses, with down moves exceeding up moves across 12 observations. The stock was down 58% of the time in that period one week following these significant moves.