LIN·Linde plc

Realized volatility (21d)

14.1% 20th pct

Below its peak

-15.3%

vs 200-day average

-4.0%

Up days (1y)

49%

Linde plc is currently running 14.1% annualised volatility over the last 21 sessions. Measured against LIN's own 8 years of daily returns rather than a market-wide average, that is the 20th percentile — unusually subdued by its own history, against a typical reading of 19.4%. 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.

LIN is trading -15.3% below its running peak. Across 7 full years on file, its median worst-drawdown-in-a-year was -14.3%, and the deepest was -32.9% in 2020. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -4.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 12th percentile — a narrower gap than it typically runs. Over the past year LIN closed higher on 49% of sessions, and it is currently 2 sessions into a falling streak.

On September specifically: over 8 years of records, LIN finished the month higher 2 of 8 times, with a median return of -3.8% and an average of -2.8%. Its strongest month historically has been November at +4.4% on average, its weakest September at -2.8%. 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: LIN has opened more than 2% away from the prior close in 67 of 1,976 sessions (3.4% of the time), with the largest gaps running +7.5% and -13.8%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, LIN moved an average of 2.4% in the session after earnings, closing higher 0 of those 3 times, with a median move of -3.5% and a largest of -3.6%.

All figures computed from 1,977 daily closes between 2018-10-31 and 2026-09-15, split-adjusted, recomputed daily. Percentiles are against LIN's own 8-year history, not a peer group or index.