Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

$DJUSSW Relative to the S&P 500

$DJUSSW Relative to the Sector

Seasonal Chart Analysis

Analysis of the Software Industry seasonal charts above shows that a Buy Date of May 26 and a Sell Date of October 6 has resulted in a geometric average return of 2.68% above the benchmark rate of the S&P 500 Total Return Index over the past 20 years. This seasonal timeframe has shown positive results compared to the benchmark in 17 of those periods. This is a very good rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 20 years by an average of 2.48% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Technology sector, which runs from October 9 to February 15. The seasonal chart for the broad sector is available via the following link: Technology Sector Seasonal Chart.