How low can stocks go? Updated risks and values – March 29th, 2021

Published: March 29, 2021, 10:32 a.m.

The downside risk is 61% based on earnings multiples right now from current levels. That's 48% more risk compared with this time last year. The difference is so stark in part because the market was in the throes of the short-lived market crash over pandemic fears a year ago. Regardless, the market remains historically expensive right now.