By fixing the problem you can regain your rankings. After the completion of certain months, the data refreshes are run by Google on a regular basis. Here if the search engine thinks that there is no need to penalize your site then you can recover from it. Sometimes strategic planning is needed to recover from these penalties. You need to make sure that only relevant data is present on your site and for that purpose, you have to perform a full audit of your site without giving much consideration to the type of algorithm update that has penalized your site.
You can consult a number of digital marketing experts to clear all your doubts related to Google penalties. They will also give you information about the latest algorithm update.