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Seasonal Analysis of ZMLP (Direxion Zacks MLP High Income Index Shares)


Seasonal Analysis

Using data from 2/3/2014 to 10/19/2020 for ZMLP (Direxion Zacks MLP High Income Index Shares), this program was able to calculate the following historical seasonal cycles for this stock:
Historically, the best month to buy ZMLP is December
Historically, the best month to sell ZMLP is January

In January, ZMLP is historically up by 8.08%
In February, ZMLP is historically down by -0.87%
In March, ZMLP is historically down by -5.12%
In April, ZMLP is historically down by -2.38%
In May, ZMLP is historically down by -0.44%
In June, ZMLP is historically up by 2.32%
In July, ZMLP is historically up by 2.71%
In August, ZMLP is historically up by 3.83%
In September, ZMLP is historically up by 3.82%
In October, ZMLP is historically up by 0.50%
In November, ZMLP is historically down by -4.07%
In December, ZMLP is historically down by -8.39%

Right click on the graph above to see the menu of operations (download, full screen, etc.)

See Also: Fourier Analysis of ZMLP
 
 
General Statistics
Number of Data Points351
Start Date of Data2/3/2014
End Date of Data10/19/2020
Minimum Value of Adjusted Close33.13
Maximum Value of Adjusted Close170.06
Average Value of Adjusted Close96.40
Median Value of Adjusted Close87.71
Standard Deviation of Adjusted Close31.25
Coefficient of Variation for Adjusted Close 32.41%
  Notes: "Adjusted Close" means closing price was adjusted for splits and dividends; Weekly (not daily) Adjusted close price was used for calculations; 
The average ("mean") and median are measures of central tendency.

For the given time period, the price of ZMLP tends towards a value in the vicinity of 96.40 (the mean) and 87.71 (the median).

Standard Deviation and Coefficient Of Variation are measures of dispersion. These can be used to measure the volatility (risk) of a security, and also to estimate the expected ranges of the price.

Assuming a normal distribution, we expect to see 68% of values within one Standard Deviation of the mean (average), 95% of the values within two standard deviations of the mean, and 99% of the values within three standard deviations of the mean.

If the price of ZMLP goes above 127.65 (mean + 1 standard deviation) or below 65.15 (mean - 1 standard deviation), then the reader is urged to investigate further for a possible buying or selling opportunity.

If the price of ZMLP goes above 158.90 (mean + 2 standard deviations) or below 33.91 (mean - 2 standard deviations), then the reader is urged to investigate further as this would be an unusual event.



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