Percent Off All-time High
Percent Off All-time High tracks the percentage difference between the previous day’s closing price (P) and the All-Time high price (AP) of the security’s entire price history.
This metric tells you how far the price has deviated from/converged on the all-time high price.
Formula
((P / AP) - 1) * 100
Price (P) is the close price of the previous trading day
All-time high price (AP) is the highest price in the security's history