Bottom out

Definition: Refers to data reaching its lowest point before starting to rise again. 

Example: “The housing market bottomed out in 2013 and began to recover the following year.”

Hit a low

Definition: Describes data reaching its lowest level. 

Example: “The price of crude oil hit a low of $30 per barrel in early 2016.”

Reach the lowest point

Definition: Shows the point at which data is at its minimum. 

Example: “The company’s stock prices reached their lowest point in March before recovering in the summer.”