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Medtronic, Inc. (NYSE:MDT) Seasonal Chart

Medtronic, Inc.  (NYSE:MDT) Seasonal Chart

MEDTRONIC INC (MDT) Seasonality

Analysis has revealed that with a buy date of November 18 and a sell date of August 27, investors have benefited from a total return of 155.41% 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 November 18 and a sell date of January 14, producing a total return over the same 10-year range of 126.25% with positive results in 10 of those periods.

The buy and hold return for the past 10 years was 31.83%.

 

Average Daily Return over past 10 years

  2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Average 0.11% -0.1% -0.01% -0.01% 0.04% 0.01% 0.03% -0.02% -0.03% 0.16%
Up Days 135 114 125 113 124 122 136 122 127 135
Down Days 114 137 124 137 125 127 116 129 119 105

 

Monthly Averages over past 20 years:

Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
1.31% -2.46% 0.36% 0.65% 4.53% 1.55% 1.25% 2.9% 2.92% 0.99% 2.49% 4.76%

 

 

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
1.67% 1 Out of Last 1 Period 45.45%
-10.98% 1 Out of Last 3 Periods 43.54%
-3.95% 3 Out of Last 5 Periods 44.34%
-1.92% 6 Out of Last 10 Periods 47.38%

 

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

 

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