LIN·Linde plc

Realized volatility (21d)

14.5% 22nd pct

Below its peak

-10.0%

vs 200-day average

+0.8%

Up days (1y)

50%

Linde plc is currently running 14.5% 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 22nd percentile — unusually subdued by its own history, against a typical reading of 19.3%. 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 -10.0% 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 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 +0.8% from its 200-day moving average. Against every other day in its history, that gap ranks at the 23rd percentile — a narrower gap than it typically runs. Over the past year LIN closed higher on 50% of sessions, and it is currently 3 sessions into a rising streak.

On October specifically: over 7 years of records, LIN finished the month higher 4 of 7 times, with a median return of +3.2% and an average of +0.5%. Its strongest month historically has been November at +4.4% on average, its weakest September at -2.5%. 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 1,996 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 1,997 daily closes between 2018-10-31 and 2026-10-13, split-adjusted, recomputed daily. Percentiles are against LIN's own 8-year history, not a peer group or index.