China National (Real Estate Climate Index, 1998+) Historical Replay: 2020-06 to 2022-11
Replay 30 months of China's national property index from June 2020, tracking a 7.0% drawdown to 94.38. Walk through authentic decision points bar by bar, receive an AI coach review on your choices, and learn how historical housing cycles unfolded in a simulated environment.
30 monthly bars · 6 decision points · 2020-06 to 2022-11 · Property
Key facts
Peak-to-trough drawdown of 7.0% with a 1.5% run-up.
- Max drawdown
- −7.0%
- Max run-up
- +1.5%
- 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
This replay covers China's national property climate index from June 2020 to November 2022, a span of 30 monthly bars that placed participants inside the property market's most challenging period in the 2020s. The index, which tracks developer sentiment and market vitality across the nation, had reached elevated levels before this window opened, raising questions about sustainability and the risks of a cyclical reversal. For anyone studying housing market dynamics, this stretch offered a rare chance to experience the tension between bullish momentum and mounting headwinds.
Over the course of the replay, the index retreated from 99.92 to 94.38, a decline of -5.5%. The journey was not smooth: the market endured a maximum drawdown of 7.0%, with individual monthly moves reaching as large as 3.5%. Six decision points punctuated the period, two of which proved especially critical for those managing exposure. Navigating these inflection moments required traders to assess whether early weakness was noise or the start of a sustained correction.
This scenario teaches that process matters more than prediction. Participants faced the classic dilemma of distinguishing temporary dips from structural breaks, a challenge that tests both analytical discipline and emotional resilience. The two critical decision points underscore how a handful of high-stakes moments can define overall performance. For training purposes, the replay emphasizes that managing risk during a -5.5% decline with 7.0% peak-to-trough drawdown requires clear thresholds, honest reassessment of conviction, and the humility to adapt when the market communicates a message that challenges initial assumptions.