Average Stock Declines From 52-Week Highs

The last breakdown we wanted to look at is the average decline of stocks based on market cap and sector. The category that is down the most is small cap stocks in the Telecom Services sector (-29.66%). Keep in mind, though, that there are only seven stocks in the group. As mentioned above, stocks in the sector are down slightly more than the overall average, but there is a wide disparity across different market caps. In the small cap Technology sector, the average stock is down nearly 22% compared to an average decline of less than 12% for large cap tech stocks. While there is a wide disparity between Technology sector stocks based on market cap, in the Financial sector, the spread couldn't be narrower as less than 100 bps separates the best performing market cap range from the worst. How's that for uniformity?

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