ASR has dropped by 199.39% over the past week following a significant plunge in the last 24 hours.

On September 12, 2025, ASR experienced a 20.4% drop within a single day, falling to $102.97. Over the past week, ASR declined by 199.39%, and over the course of a month, it was down 182.53%. However, looking back over a year, the price was up by 4992.7%.

The recent rapid drop in ASR represents one of the steepest short-term losses in its trading history. The 20.4% plunge over 24 hours points to a swift change in market sentiment, while the nearly 200% weekly decrease highlights a deepening bearish trend. With a further 182.53% decrease over the past month, the persistent downtrend suggests that broader sectoral issues or influential external events may be at play.

Even though ASR achieved a 4992.7% increase over the last year, the latest correction has wiped out much of these long-term profits, leading to increased market volatility. This abrupt reversal hints at a potential reassessment of ASR’s core value or shifts in macroeconomic factors affecting the asset. Experts believe that unless there are major positive changes in sentiment or fundamentals, the ongoing downward trend could persist and prolong the corrective phase.

Technical analysis currently points to a bearish scenario, as both the RSI and MACD signal continued downward momentum, and crucial support zones are coming under pressure. Should prices fall beneath significant psychological or Fibonacci support, further losses could ensue, possibly revisiting lows from previous months or entering prior consolidation phases. Investors are monitoring the situation for any indications of a bounce or stabilization.

Backtest Hypothesis

A recent backtest strategy has been presented to explore ways to manage risk and determine position sizing in such a turbulent market climate. This approach is based on mean reversion, initiating after a price drop of more than 15% in a 24-hour period. Once this threshold is reached, a stop-loss is set at the 52-week low, and a buy trigger is activated if the asset recovers by 10% from its lowest point. The concept is to benefit from the likelihood that sharp declines often result in brief recoveries, especially with assets that have historically seen significant gains.

The strategy’s premise is supported by ASR's record of rebounding after steep losses, as highlighted by its 1-year surge of 4992.7%. To balance risk and reward, the method uses trailing stops and limit orders, limiting potential losses while seeking to profit from possible rebounds. If the market continues to move unfavorably, the stop-loss is designed to restrict the downside, thereby managing risk in relation to expected returns.