The seasonal returns chart highlights recurring trends in performance over specific months of the year, offering insights into potential price movements. Historical data is presented back to 2010, where available.
Investors use seasonality to identify patterns and inform their decisions, but it's essential to remember that these patterns reflect past data and may not predict future performance.
By analyzing the percentage of positive months and average gains or losses, traders can identify above-average tendencies. Caution is advised, however, as relying solely on seasonality can lead to missed opportunities or increased risks.
The table at the top of the page breaks down the percent change for each month. In the case of a futures contract, the table breaks down price change for each month.
At the very top of the table, you'll find the average (percent or price change) per month, as well as the overall yearly average return for all the years listed on the page.
The Summary at the bottom of the page provides key information including
- % Positive and %Negative - the percentage of months shown in the table where the change was positive or negative
- The Medium, Best and Worst change over all years for each month
- The Absolute Average, Absolute Best and Absolute Worst change or all years for each month
