THC·Tenet Healthcare Corporation

Realized volatility (21d)

23.9% 5th pct

Below its peak

-1.1%

vs 200-day average

+25.0%

Up days (1y)

49%

Tenet Healthcare Corporation is currently running 23.9% annualised volatility over the last 21 sessions. Measured against THC's own 13 years of daily returns rather than a market-wide average, that is the 5th percentile — unusually subdued by its own history, against a typical reading of 43.2%.

THC is trading -1.1% below its running peak. Across 13 full years on file, its median worst-drawdown-in-a-year was -45.0%, and the deepest was -71.7% 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 +25.0% from its 200-day moving average. Against every other day in its history, that gap ranks at the 75th percentile — a somewhat wider gap than its own norm. Over the past year THC closed higher on 49% of sessions, and it is currently 1 session into a rising streak.

On November specifically: over 13 years of records, THC finished the month higher 8 of 13 times, with a median return of +1.9% and an average of +3.2%. Its strongest month historically has been July at +10.9% on average, its weakest September at -6.7%.

Overnight risk is measurable too: THC has opened more than 2% away from the prior close in 288 of 3,268 sessions (8.8% of the time), with the largest gaps running +11.0% and -12.7%.

Across the last 3 dated reports on file, THC moved an average of 2.9% in the session after earnings, closing higher 3 of those 3 times, with a median move of +2.8% and a largest of +4.1%.

All figures computed from 3,269 daily closes between 2013-11-05 and 2026-11-04, split-adjusted, recomputed daily. Percentiles are against THC's own 13-year history, not a peer group or index.