Seasonality
Sign in to unlock 10Y & 20Y views
Seasonality
Sign in to unlock 10Y & 20Y views
Jul is the seasonally strongest month over 4Y.
Jul averages +9.6% with a 100% win rate across 4 years of history.
Mar shows persistent seasonal weakness.
Mar averages -4.6% with only a 25% win rate across 4 years of history.
Q4 (Oct–Nov–Dec) is the seasonally strongest quarter.
The three months of Q4 combine for a +11.3% average return historically.
January Effect: Q1 historically opens the year positively.
Q1 (Jan–Mar) averages +0.2% historically, with January alone posting a 75% win rate.
2026 YTD is tracking below the 4Y seasonal average.
At day 204 of the year, the current YTD return is -21.3% vs the historical average for the same point.
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.91% | -4.87% | -2.89% | 5.51% | 3.23% | -4.59% | 6.59% | 6.26% | -11.00% | 3.73% | ||
| 2025 | 11.57% | -5.28% | -14.79% | 5.60% | 5.79% | -2.38% | 13.36% | -2.56% | -4.17% | -4.20% | -2.19% | -2.30% |
| 2024 | 1.58% | 3.27% | 2.87% | -7.57% | 2.71% | -2.65% | 15.71% | -7.98% | 16.38% | 15.53% | 9.44% | -2.93% |
| 2023 | 12.05% | 6.69% | -3.57% | 2.60% | -7.69% | 4.19% | 2.87% | 5.95% | -3.06% | -12.17% | 20.65% | 12.02% |
| Avg | 4.82% | -0.05% | -4.59% | 1.53% | 1.01% | -1.36% | 9.63% | 0.42% | -0.46% | -0.28% | 9.30% | 2.27% |
BAM.TO - Average growth of $100 invested at start of year
4 years of data
BAM.TO - Average returns for the respective month in the last 4 years
BAM.TO Distribution of Daily Returns from 2022 to 2026
BAM.TO Distribution of Daily % Changes