This chart from Schaeffer Research shows the annual return of the DJIA following the largest annual declines that range from -15.4% in 1941 to -52.7% in 1931.
The table shows that following annual declines of over 30% the market in the following year gained anywhere between a loss of 52.7% and a gain of 81.7%. After an annual decline of 15% or more, four times the losses were 20% or more and four times the next year saw gains of at least 40%.
Only a monkey with a dart can make a prediction for next year based on that data!
Posts
kirklindstrom.com
