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Seasonality Analysis

33.90 -0.82 (-2.36%) 09/04/2026
News Corporation (NWS)
Showing 2 years of seasonality data. To view all years, Upgrade to PRO plan!
Historical Prices Year-by-Year


Historical Returns (%) By Years/Months
YearJanFebMarAprMayJunJulAugSepOctNovDecMinMaxavg
20264.98-13.916.866.91-2.17-5.9011.4410.04-1.48   -13.9111.441.86
2025 1.98-5.603.484.134.86-2.611.362.32-11.80-3.430.68-11.804.86-0.42
Summary
Avg Returns (%)4.98-5.970.635.200.98-0.524.425.700.42-11.80-3.430.68-11.805.700.11
Max Pos Return (%)4.981.986.866.914.134.8611.4410.042.32-11.80-3.430.68-11.8011.443.25
Max Neg Return (%)4.98-13.91-5.603.48-2.17-5.90-2.611.36-1.48-11.80-3.430.68-13.914.98-3.03
Pos Occurances (%)10050501005050501005000100010058
Neg Occurance (%)0505005050500501001000010042
Advanced Seasonality
NWS · 7 seasons · Jan 2020 – Sep 2026 · 1,678 sessions · split-adjusted closes
Next 1 month · Oct-0.07%50% positive · 6 seasons
Next 3 months · Oct–Dec+14.21%67% positive · 6 seasons
Next 6 months · Oct–Mar+11.38%67% positive · 6 seasons
Strongest monthJulmedian +1.97% · 71% hit
Weakest monthSepmedian -4.67% · 33% hit
Split-half stability0.32mixed · 6/12 months agree
Sep month-to-date-1.48%seasonal median -4.67%
Key takeaways
  • Seasonality here is suggestive, not decisive: split-half rank correlation of 0.32 across the twelve months, with 6 of 12 months keeping the same sign in both halves.
  • Jul is the strongest month (edge 43/100, Weak): median +1.97%, mean +3.32%, higher in 5 of 7 years (71%), t = 1.53, p = 0.177.
  • Sep is the weakest month (edge 30/100, Noise): median -4.67%, mean -2.96%, lower in 4 of 6 years, t = -1.22, p = 0.276.
  • Best stretch of the year is Oct–Jan: median +17.88% compounded, positive in 4 of 6 seasons (67%), p = 0.110.
  • Worst stretch is Sep: median -4.67% compounded, positive in only 2 of 6 seasons (33%).
  • We are in Sep, historically a -4.67% median month with a 33% hit rate. Month-to-date NWS is -1.48% — ahead of the seasonal norm.
  • Seasonal path from here: Oct -0.07% (50% hit), Oct–Dec +14.21% (67%), Oct–Mar +11.38% (67%) — medians of the compounded window return.
  • The median seasonal year peaks around Dec at +25.85%, troughs around May at -4.23% and finishes the year at +18.80% (5 complete years).
  • Best weekday is Friday at +0.137% a session (not significant); weakest is Thursday at -0.017%.
  • Turn-of-month (last 3 sessions plus first 3) averages +0.033% a session against +0.091% for the rest of the month — a -0.058% daily spread across 483 sessions.
  • By quarter, Q4 is the best (median +14.21%, 67% positive) and Q3 the worst (median -0.09%).
  • Risk is seasonal too: Mar is the most volatile month (37.5% annualised) and Dec the calmest (20.0%); participation peaks in Mar at +27% of the average month's volume.
  • Twelve months were tested at once, so the 5% bar is really 0.0042 after a Bonferroni correction — no month clears it. With 7 seasons of data, seasonality is context, not a trade on its own.
Seasonal compositethe shape of a typical year, trading day by trading day
Each complete year is re-based to the prior year’s closing price and stacked on a common trading-day axis. The line is the median year across 5 seasons (2021–2025); the shaded band is the inter-quartile range, so half of all seasons lived inside it. The mean path is available in the legend but is the wrong statistic for a single stock — one outlier year owns it.
Monthly significance tests, seasonal windows, calendar effects, cycle and volatility seasonality are part of the paid plan. Upgrade to PRO plan!

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