TSM·Taiwan Semiconductor Manufacturing

Realized volatility (21d)

35.1% 72nd pct

Below its peak

-19.9%

vs 200-day average

-3.3%

Up days (1y)

53%

Taiwan Semiconductor Manufacturing is currently running 35.1% annualised volatility over the last 21 sessions. Measured against TSM's own 13 years of daily returns rather than a market-wide average, that is the 72nd percentile — a little above its own norm, against a typical reading of 28.0%.

TSM is trading -19.9% below its running peak. Across 13 full years on file, its median worst-drawdown-in-a-year was -22.1%, and the deepest was -57.5% in 2022. 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 -3.3% from its 200-day moving average. Against every other day in its history, that gap ranks at the 17th percentile — a narrower gap than it typically runs. Over the past year TSM closed higher on 53% of sessions, and it is currently 2 sessions into a falling streak.

On November specifically: over 13 years of records, TSM finished the month higher 7 of 13 times, with a median return of +1.9% and an average of +3.8%. Its strongest month historically has been January at +4.6% on average, its weakest March at -0.9%.

Overnight risk is measurable too: TSM has opened more than 2% away from the prior close in 182 of 3,272 sessions (5.6% of the time), with the largest gaps running +4.6% and -9.1%.

All figures computed from 3,273 daily closes between 2013-11-06 and 2026-11-05, split-adjusted, recomputed daily. Percentiles are against TSM's own 13-year history, not a peer group or index.