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Magic Software Enterprises Ltd. (NASDAQ:MGIC) Seasonal Chart

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Magic Software Enterprises Ltd. Seasonality

Analysis has revealed that with a buy date of September 28 and a sell date of January 20, investors have benefited from a total return of 887.62% 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 December 27 and a sell date of January 26, producing a total return over the same 10-year range of 405.12% with positive results in 9 of those periods.

The buy and hold return for the past 10 years was -88.92%.

 

Average Daily Return over past 10 years

  2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Average 0.22% -0.05% -0.02% 0.19% -0.17% -0.03% 0.39% -0.08% 0.04% -0.47%
Up Days 110 114 111 103 97 118 126 110 108 97
Down Days 113 107 111 120 130 125 101 114 123 137

 

Monthly Averages over past 18 years:

Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
16.26% -4.69% -4.22% 7% -4.14% -1.24% 2.8% 1.03% -2.13% 5.45% 3.87% 4.06%

 

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