China National (Real Estate Climate Index, 1998+) Historical Replay: 2020-04 to 2022-09
Replay China's National Real Estate Climate Index from April 2020 through September 2022, watching the gauge fall 4.2% to 94.8 across 30 monthly bars. Step through each authentic historical day, face 6 decision points, and receive an AI coach review in a fully simulated, educational environment.
30 monthly bars · 6 decision points · 2020-04 to 2022-09 · Property
Key facts
Peak-to-trough drawdown of 6.5% with a 2.5% run-up.
- Max drawdown
- −6.5%
- Max run-up
- +2.5%
- Largest single-month move
- −3.5%
- Bars
- 30 Monthly bars
- Decision points
- 6
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
The replay places participants inside one of the most consequential downturns in modern Chinese property market history. Spanning 30 monthly bars from April 2020 through September 2022, the National Real Estate Climate Index tracked a sector facing mounting pressures that would eventually crystallize in visible stress events. Participants must navigate an environment where the gauge stood at 98.96 and the stakes extended beyond mere price movements to encompass broader economic implications for one of the world's largest real estate markets.
The index ultimately descended 4.2% to close at 94.8, with maximum drawdown reaching 6.5% and the most severe monthly swing hitting 3.5%. Six decision points punctuated this decline, two of which represented critical junctures where positioning and risk management became especially consequential for participants' simulated portfolios.
This scenario demonstrates why disciplined process matters more than prediction during prolonged downturns. The 6.5% maximum drawdown illustrates how extended declines erode capital if left unmanaged, while the presence of two critical decision points shows that even modest aggregate moves contain moments requiring decisive action. Participants learn to separate the noise of monthly volatility from structural shifts, building the psychological resilience needed to execute strategy when markets offer no clear relief. The historical framing ensures every lesson emerges from authentic market behavior rather than artificial conditions.