What if you bought Kakao at its all-time high?
This uses real historical data to show what would have happened if you had made a lump-sum investment on June 24, 2021 — the day Kakao hit its intraday all-time high — and held it until now.
⚠️ Know the risk first
After this peak, earnings pressure plus a growth-stock correction drove Kakao down to the 30,000-won range at one point. Check that deep drawdown and long loss period in the metrics below first.
⚠️ This asset is an individual stock chosen as of today, so past returns can look better than they really were (survivorship bias).
What happened that day
On June 24, 2021, Kakao rose to 173,000 won intraday, its all-time high. A flagship 'people's stock' that drew heavy retail buying, it later crashed to as low as the 30,000-won range.
Why this date
To teach the worst-timing case — 'buying at the most popular, most expensive moment' — we set the assumed purchase to the day Kakao hit its all-time high.
Investment conditions
Asset · Kakao (035720) · lump-sum, then held
Method · Lump-sum (all at once)
Period · 2021-06-24 ~ 2026-07-01
Amount · $7,407
As of · 2026-07-01
Key metrics
These results do not reflect taxes. Based on historical data.
Risk & recovery
As important as returns. This service does not hide maximum drawdown or loss periods.
Maximum drawdown (MDD)
-79.8%
Largest drop from peak
Longest loss period
61months
Months in loss: 61
Recovery period
0months
Growth over time
Invested principal (dashed) and portfolio value (solid). Values below match the calculation.
Total invested $7,407 → Final value $1,651 (-77.7%), Maximum drawdown (MDD) -79.8%
Why this period and asset
On June 24, 2021, Kakao rose to 173,000 won intraday, its all-time high. Dubbed a 'people's stock,' it was a flagship growth name that drew a flood of retail investors, but amid earnings pressure and a growth-stock correction it later crashed to as low as the 30,000-won range. It shows how the peak of a popular growth stock can become the worst buying timing.
Interpreting the result
'People's stock' popularity and the actual price path can diverge. In the metrics below, see the current value and return, but be sure to confirm how the crash after the high remains in the maximum drawdown and loss period. Popularity and a record high do not guarantee a good buy price.
Caveats & limits
As a single stock, be mindful of survivorship bias. Figures use adjusted close (dividends and splits reflected), exclude fees and taxes, and there is no FX variable since it is KRW-denominated. This is one past date's result and does not guarantee the future.
Event fact sources
- Korea Exchange: Kakao (035720) all-time high 2021-06-24 (173,000 won intraday)
- Korean market press on the '170k → 30k' crash
Requested date vs actual trading date
The assumed purchase date is the event date (2021-06-24). If closed, it fills at the next trading day's close. As a KRW-denominated stock, there is no FX variable.
Data sources & limits
- Price data source: Yahoo Finance / FinanceDataReader
- Collected on: 2026-07-25
- Effective trading date: 2026-07-01
- Price basis: Adjusted close (reflects dividends and stock splits)
- This asset is an individual stock chosen as of today, so past returns can look better than they really were (survivorship bias).
- Trading fees and taxes are not reflected — figures are pre-tax.
- Based on historical data; does not guarantee future returns.
Frequently asked questions
Was this really the all-time high?
June 24, 2021 is when Kakao hit its intraday all-time high (about 173,000 won). This scenario assumes the most popular, most expensive moment.
Did it really fall to the 30,000-won range?
Yes. After the high, earnings pressure plus a growth-stock correction drove Kakao down to the 30,000-won range at one point. That mark remains in the maximum drawdown metric.
Would recurring buying have been different?
Compare with the related recurring-investment scenarios. Putting it all in at the peak versus spreading it out feels very different in maximum drawdown.
Does this page recommend buying Kakao?
No. It only shows one past date's path and recommends no stock. You must recognize the concentration risk of a single stock.
Related scenarios
📋 Results are based on historical data; past returns do not guarantee future returns.
📋 This service is provided for educational purposes to help you understand investing, not as investment advice.
⚠️ Calculated using today's representative assets, which may differ from the market composition at the time.