Is there a way to pitchbend an octave?

I'm hoping it's because I'm missing something, but the maximum "distance" a note can bend using pitchbend appears to be not very much at all.

Specifically, I want to bend a note down an octave. (It's analogous to playing a note on a guitar and sliding your finger down the neck—although the specific instrument that prompted me to post on these discussions isn't a guitar.)

If there is no "normal" way to achieve this, is there a workaround that pulls off the same effect?

Thanks.