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Price hits historic low, but the dip is overdue for a change
Out of 19 events observed, the price really dropped 5 times, by about 7.3 % on average. In 3 cases, the price had climbed about 35.9 % in the two weeks before.
The current price of $11.89 matches the lowest point recorded over the past 365 days, a level never undercut during that period. Against the typical price of $34.63, that works out to a real savings of 66%.
This dip has lasted 76 days, though, well beyond the 13-day median duration seen across the six drops below the typical price this year. The price changes on average every single day, a sign of real volatility, and sale events like Black Friday haven't been more dependable either: out of 19 such events, only 5 delivered a genuine discount, and in 3 cases the price had been inflated beforehand.
The $11.89 floor has only held for 15 days total across the year, spread over two occurrences. Since the current dip is already running unusually long, buying now is a solid price benchmark, though there's no guarantee it will hold much longer.