HON Down 6.2% In A Day. It Dropped More in Past Market Dips.
- In Dot-Com Bubble, Honeywell International stock declined 65% vs 37% for S&P 500. During global financial crisis, it dropped 63% compared to the S&P 500’s 57%.
- Following the Dot-Com Bubble, the stock took 138 months to recover, compared to 69 months for the S&P 500. In the global financial crisis, the stock took 44 months to recover, compared to 49 months for the S&P 500.
Honeywell International Stock Performance In Market Crashes:
| HON | S&P 500 | |
|---|---|---|
| Dot-Com Bubble | ||
| % Change from Pre-Recession Peak | -65% | -37% |
| # of Months for Full Recovery | 138 | 69 |
| Global Financial Crisis | ||
| % Change from Pre-Recession Peak | -63% | -57% |
| # of Months for Full Recovery | 44 | 49 |
| 2018 Correction | ||
| % Change from Pre-Recession Peak | -25% | -20% |
| # of Months for Full Recovery | 4 | 4 |
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -43% | -34% |
| # of Months for Full Recovery | 8 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -29% | -25% |
| # of Months for Full Recovery | 26 | 15 |
Worried that HON could fall much more? You could take a look at the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
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