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Seasonal Analysis of WIRE (Encore Wire Corporation)


Seasonal Analysis

Using data from 7/16/1992 to 8/10/2020 for WIRE (Encore Wire Corporation), this program was able to calculate the following historical seasonal cycles for this stock:
Historically, the best month to buy WIRE is January
Historically, the best month to sell WIRE is August

In January, WIRE is historically down by -5.95%
In February, WIRE is historically down by -1.87%
In March, WIRE is historically down by -1.91%
In April, WIRE is historically up by 1.43%
In May, WIRE is historically down by -3.66%
In June, WIRE is historically up by 0.45%
In July, WIRE is historically up by 2.32%
In August, WIRE is historically up by 3.79%
In September, WIRE is historically up by 1.28%
In October, WIRE is historically up by 1.30%
In November, WIRE is historically down by -0.63%
In December, WIRE is historically up by 3.45%

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

See Also: Fourier Analysis of WIRE
 
 
General Statistics
Number of Data Points1466
Start Date of Data7/16/1992
End Date of Data8/10/2020
Minimum Value of Adjusted Close1.93
Maximum Value of Adjusted Close60.72
Average Value of Adjusted Close21.45
Median Value of Adjusted Close18.67
Standard Deviation of Adjusted Close16.58
Coefficient of Variation for Adjusted Close 77.31%
  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 WIRE tends towards a value in the vicinity of 21.45 (the mean) and 18.67 (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 WIRE goes above 38.03 (mean + 1 standard deviation) or below 4.87 (mean - 1 standard deviation), then the reader is urged to investigate further for a possible buying or selling opportunity.

If the price of WIRE goes above 54.61 (mean + 2 standard deviations), then the reader is urged to investigate further as this would be an unusual event.



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