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Down 50%. Back up 50%?
Move the loss to 50% to find out.
A 50% loss turns $1,000 into $500. To get back to $1,000 you need to double the $500: a 100% gain.
What would you expect?
What this shows: After a 50% loss you need a 100% gain to get back to where you started.
The gain is measured from the smaller amount left after a loss.
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