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Biogen Idec Inc. (NASDAQ:BIIB) Seasonal Chart

Biogen Idec Inc.  (NASDAQ:BIIB) Seasonal Chart

Biogen Idec Inc (BIIB) Seasonality

Analysis has revealed that with a buy date of April 25 and a sell date of January 23, investors have benefited from a total return of 2718.36% over the last 10 years. This scenario has shown positive results in 8 of those periods.

Conversely, the best return over the maximum number of positive periods reveals a buy date of January 5 and a sell date of January 11, producing a total return over the same 10-year range of 66.04% with positive results in 10 of those periods.

The buy and hold return for the past 10 years was 63.36%.

 

Average Daily Return over past 10 years

  2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Average 0.05% -0.01% 0.06% 0.02% -0.17% 0.18% 0.05% -0.15% 0.1% 0.32%
Up Days 140 124 126 119 131 127 126 114 127 128
Down Days 111 128 126 130 120 124 126 136 120 118

 

Monthly Averages over past 18 years:

Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
6.23% -2.42% -3.35% -4.08% 6.07% 0.44% 4.84% 6.78% 2.74% 10.93% 3.74% 6.31%

 

 

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
0.86% 1 Out of Last 1 Period 50%
6.56% 2 Out of Last 3 Periods 47.32%
4.2% 3 Out of Last 5 Periods 47.51%
6.55% 6 Out of Last 10 Periods 50.59%

 

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

 

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