From 52-week high
How far the price is below its highest level of the past year.
Formula
Distance = Price ÷ 52-week high − 1
How to use it
Stocks near their highs tend to keep leading; a deep distance shows how far a recovery has to go.
In Kereon
Investing · price record. Against the highest close of the last 252 sessions.
Also called: from 52w high, from high, dist 52w high, days since 52w high.