Seasonality
Sign in to unlock 10Y & 20Y views
Nov is the seasonally strongest month over 5Y.
Nov averages +9.1% with a 83% win rate across 5 years of history.
Mar shows persistent seasonal weakness.
Mar averages -5.2% with only a 57% win rate across 5 years of history.
Q4 (Oct–Nov–Dec) is the seasonally strongest quarter.
The three months of Q4 combine for a +13.0% average return historically.
Q1 historically shows a slow seasonal start.
Q1 (Jan–Mar) averages -1.2% historically, with January alone posting a 83% win rate.
2026 YTD is tracking above the 5Y seasonal average.
At day 155 of the year, the current YTD return is +8.5% 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 | 1.10% | 20.43% | -17.89% | 4.30% | -3.08% | 10.34% | 9.38% | -1.66% | ||||
| 2025 | 2.27% | 9.82% | 0.89% | 4.26% | 2.20% | 1.01% | 4.53% | -8.32% | 1.74% | -1.75% | 4.86% | -1.08% |
| 2024 | 3.24% | -0.39% | 1.92% | 2.96% | 3.46% | -1.14% | 1.24% | 9.11% | -2.16% | -3.49% | 3.85% | -0.99% |
| 2023 | 1.63% | -2.17% | 7.62% | 8.92% | -2.13% | 3.27% | -1.61% | 1.14% | -2.54% | -6.35% | 5.75% | 10.06% |
| 2022 | 2.18% | -10.39% | -5.08% | 2.76% | 7.67% | -2.86% | 4.86% | -9.15% | -13.32% | 10.39% | 15.33% | 4.20% |
| 2021 | -6.74% | 9.64% | 2.37% | 8.93% | 6.51% | -1.98% | 4.62% | -6.96% | -4.24% | -4.77% | -3.41% | 13.29% |
| 2020 | -3.14% | -26.35% | 5.62% | -4.89% | 0.16% | 9.03% | -0.02% | -5.71% | -7.99% | 28.37% | 11.53% | |
| Avg | 0.61% | 3.40% | -5.22% | 5.39% | 1.39% | 1.26% | 4.58% | -2.37% | -4.37% | -2.33% | 9.12% | 6.17% |
CCEP - Average growth of $100 invested at start of year
5 years of data
CCEP Distribution of Daily Returns from 2021 to 2026
CCEP Distribution of Daily % Changes
CCEP - Average returns for the respective month in the last 5 years