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Seasonal Analysis of XES (SPDR S&P Oil & Gas Equipment & Services ETF)


Seasonal Analysis

Using data from 6/22/2006 to 8/3/2020 for XES (SPDR S&P Oil & Gas Equipment & Services ETF), this program was able to calculate the following historical seasonal cycles for this stock:
Historically, the best month to buy XES is October
Historically, the best month to sell XES is April

In January, XES is historically up by 2.36%
In February, XES is historically up by 5.36%
In March, XES is historically up by 4.83%
In April, XES is historically up by 9.90%
In May, XES is historically up by 2.16%
In June, XES is historically up by 2.31%
In July, XES is historically up by 1.32%
In August, XES is historically down by -7.11%
In September, XES is historically down by -3.09%
In October, XES is historically down by -7.89%
In November, XES is historically down by -6.24%
In December, XES is historically down by -3.92%

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

See Also: Fourier Analysis of XES
 
 
General Statistics
Number of Data Points738
Start Date of Data6/22/2006
End Date of Data8/3/2020
Minimum Value of Adjusted Close21.62
Maximum Value of Adjusted Close448.19
Average Value of Adjusted Close243.02
Median Value of Adjusted Close249.37
Standard Deviation of Adjusted Close102.95
Coefficient of Variation for Adjusted Close 42.36%
  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 XES tends towards a value in the vicinity of 243.02 (the mean) and 249.37 (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 XES goes above 345.97 (mean + 1 standard deviation) or below 140.07 (mean - 1 standard deviation), then the reader is urged to investigate further for a possible buying or selling opportunity.

If the price of XES goes above 448.93 (mean + 2 standard deviations) or below 37.11 (mean - 2 standard deviations), then the reader is urged to investigate further as this would be an unusual event.



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