FWONK·Liberty Media Corporation Series C Liberty Formula One

Realized volatility (21d)

25.4% 42nd pct

Below its peak

-12.3%

vs 200-day average

+3.0%

Up days (1y)

49%

Liberty Media Corporation Series C Liberty Formula One is currently running 25.4% annualised volatility over the last 21 sessions. Measured against FWONK's own 10 years of daily returns rather than a market-wide average, that is the 42nd percentile — close to its own typical level, against a typical reading of 26.6%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

FWONK is trading -12.3% below its running peak. Across 9 full years on file, its median worst-drawdown-in-a-year was -23.0%, and the deepest was -57.7% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits +3.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 39th percentile — close to the gap it normally carries. Over the past year FWONK closed higher on 49% of sessions, and it is currently 1 session into a rising streak.

On October specifically: over 9 years of records, FWONK finished the month higher 4 of 9 times, with a median return of -2.8% and an average of -1.6%. Its strongest month historically has been April at +4.4% on average, its weakest September at -2.6%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: FWONK has opened more than 2% away from the prior close in 98 of 2,435 sessions (4.0% of the time), with the largest gaps running +11.7% and -13.5%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 2,436 daily closes between 2017-01-25 and 2026-10-05, split-adjusted, recomputed daily. Percentiles are against FWONK's own 10-year history, not a peer group or index.