Posts | Comments | Contact



Amgen, Inc. (NASDAQ:AMGN) Seasonal Chart

Amgen, Inc.  (NASDAQ:AMGN) Seasonal Chart

Amgen Inc. (AMGN) Seasonality

Analysis has revealed that with a buy date of June 12 and a sell date of February 25, investors have benefited from a total return of 487.45% over the last 10 years. This scenario has shown positive results in 6 of those periods.

Conversely, the best return over the maximum number of positive periods reveals a buy date of May 11 and a sell date of September 14, producing a total return over the same 10-year range of 239.51% with positive results in 10 of those periods.

The buy and hold return for the past 10 years was -5.81%.

 

Average Daily Return over past 10 years

    2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Average   0.01% 0.08% -0.10% -0.03% 0.06% 0.02% 0.08% -0.01% -0.01% 0.08%
Up Days   129 123 115 119 114 124 127 119 118 133
Down Days   123 129 136 130 137 124 126 134 130 118

 

Monthly Averages over past 20 years

Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
1.94% 0.20% 0.36% -0.36% 3.12% -0.30% 9.98% 1.19% 1.28% 1.65% 3.73% 5.19%

 

 

According to Thackray’s 2010 Investors Guide, the period of seasonal strength for the Health Care Sector ranges from August 15th through to October 18th. Seasonality corresponds to health care conferences that occur in the last quarter of the calendar year in which new drug discoveries and research updates are frequently announced. In addition, the FDA has a tendency to approve a greater number of new drugs and medical instruments during this time.

Average Return Positive Periods % of Sessions Gaining Within Periods
0.77% 1 Out of Last 1 Period 52.27%
-3.33% 2 Out of Last 3 Periods 47.34%
-1.13% 3 Out of Last 5 Periods 45.74%
-0.61% 5 Out of Last 10 Periods 47.15%

 

[feedsnap, 5]http://www.equityclock.com/feed/?tag=AMGN[/feedsnap]

 

Stocks mentioned in this post:

    Search Seasonal Charts by Symbol, Company, or Term

     Symbols by Letter: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Sponsored By...

Leave a Reply