Market

Correction: Definition

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Simple Definition

A 10%+ drop in stock prices. Normal and healthy for markets.

Why It Matters

Corrections are normal - they happen about once a year on average. Since 1950, the S&P 500 has had a correction roughly every 12 months. They're the market's way of cooling off after getting too hot. Panic-selling during corrections is how average investors destroy their returns. The market has recovered from every single correction in history.

Key Points

  • 10-20% drop = correction; 20%+ drop = bear market; 30%+ sudden drop = crash
  • Average correction lasts about 4 months from peak to recovery
  • Corrections often create buying opportunities - you're getting stocks 'on sale'

Related Terms

Common Questions

A 10%+ drop in stock prices. Normal and healthy for markets. Corrections are normal - they happen about once a year on average. Since 1950, the S&P 500 has had a correction roughly every 12 months.

Corrections are normal - they happen about once a year on average. Since 1950, the S&P 500 has had a correction roughly every 12 months. They're the market's way of cooling off after getting too hot. Panic-selling during corrections is how average investors destroy their returns. The market has recovered from every single correction in history.

10-20% drop = correction; 20%+ drop = bear market; 30%+ sudden drop = crash

Average correction lasts about 4 months from peak to recovery

Corrections often create buying opportunities - you're getting stocks 'on sale'