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Performance analysis of Mesa Air Group (RJET)

Annual Return

Over the past 3 years, RJET has had an average annual return of -17.68%, underperforming the benchmark SPY, which returned +19.31% annual.

Over the past 5 years, RJET has had an average annual return of -33.25%, underperforming the benchmark SPY, which returned +12.55% annual.

Since Aug 10, 2018, RJET has had an average annual return of -25.03%, underperforming the benchmark SPY, which returned +14.64% annual.

202620252024202320222021202020192018
-2.78%+5.57%+14.77%-33.95%-72.68%-16.30%-25.17%+15.96%-34.38%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026-6.33%+26.33%-17.76%-6.80%+22.22%+3.20%-15.02%-2.78%
2025+8.61%-9.51%-31.34%+43.09%-8.92%-8.87%+19.47%+11.64%+4.83%+6.96%-3.89%-8.36%+5.57%
2024-9.77%-1.93%-1.58%+4.54%+32.57%+40.17%-8.18%-21.63%-1.62%-24.27%+17.82%+7.40%+14.77%
2023+92.86%+2.71%-21.79%-10.96%-22.27%+55.44%-12.17%-38.82%-37.31%-43.64%+48.79%+40.29%-33.95%
2022-10.72%-13.00%+1.16%-22.72%-9.71%-28.66%+3.17%+7.54%-32.11%-10.26%-15.56%+22.37%-72.68%
2021-2.41%+86.85%+10.25%-16.28%-13.68%-4.01%-4.40%-10.54%-4.01%-1.56%-6.36%-20.69%-16.30%
2020-4.48%-32.43%-42.99%+38.29%-28.56%+5.86%-9.90%+18.08%-19.39%+7.09%+101.93%+4.86%-25.17%
2019+13.49%+15.08%-17.18%+9.59%-0.22%+0.22%+12.03%-36.91%+4.49%+12.88%-4.60%+22.98%+15.96%
2018+17.36%+0.51%+4.26%-16.40%-36.17%-34.38%

Drawdown analysis of Mesa Air Group (RJET)

The maximum drawdown for the RJET was -97.35%, occurring on Nov 9, 2023. This drawdown has not yet recovered.

The current RJET drawdown is -92.82%.

Since Aug 10, 2018 RJET has experienced the following drawdowns:

  • 50% or more: 2 times
  • 40% or more: 2 times
  • 30% or more: 2 times
  • 20% or more: 2 times
  • 10% or more: 2 times
DepthStartTo BottomBottomTo RecoverEndTotal
-97.35%Mar 10, 2021673Nov 9, 2023OngoingOngoingOngoing
-86.56%Sep 5, 2018397Apr 3, 2020234Mar 10, 2021631
-2.13%Aug 10, 20181Aug 13, 20185Aug 20, 20186
-1.00%Aug 28, 20181Aug 29, 20181Aug 30, 20182