Seasonality
Sign in to unlock 10Y & 20Y views
Nov is the seasonally strongest month over 5Y.
Nov averages +7.2% with a 50% win rate across 5 years of history.
Sep shows persistent seasonal weakness.
Sep averages -4.2% with only a 33% win rate across 5 years of history.
Q4 (Oct–Nov–Dec) is the seasonally strongest quarter.
The three months of Q4 combine for a +7.8% average return historically.
Q1 historically shows a slow seasonal start.
Q1 (Jan–Mar) averages -4.0% historically, with January alone posting a 33% win rate.
2026 YTD is tracking below the 5Y seasonal average.
At day 155 of the year, the current YTD return is -27.1% vs the historical average for the same point.
TRMB - Average returns for the respective month in the last 5 years
Monthly Returns Heatmap
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -13.72% | -1.08% | -2.45% | 3.20% | -16.21% | -9.27% | 10.55% | 1.80% | ||||
| 2025 | 6.09% | -3.98% | -8.79% | -5.35% | 14.69% | 6.61% | 10.41% | -3.66% | 1.03% | -2.33% | 2.09% | -3.77% |
| 2024 | -4.40% | 20.31% | 5.18% | -6.67% | -7.31% | 0.43% | -2.47% | 3.94% | 9.53% | -2.56% | 20.61% | -3.17% |
| 2023 | 14.83% | -10.33% | 0.69% | -10.15% | -0.91% | 13.43% | 1.62% | 1.84% | -1.70% | -12.50% | -1.55% | 14.66% |
| 2022 | -17.24% | -3.34% | 3.43% | -7.54% | 2.02% | -14.43% | 19.23% | -8.90% | -14.20% | 10.85% | -0.68% | -15.38% |
| 2021 | -1.29% | 12.49% | 4.92% | 5.41% | -5.13% | 5.19% | 4.48% | 10.20% | -12.70% | 6.22% | -1.72% | 1.54% |
| 2020 | -7.15% | -19.38% | 8.80% | 12.97% | 10.40% | 3.06% | 17.75% | -7.08% | -1.17% | 24.39% | 11.53% | |
| Avg | -2.62% | 0.99% | -2.34% | -1.76% | 0.02% | 1.77% | 6.70% | 3.53% | -4.19% | -0.25% | 7.19% | 0.90% |
TRMB - Average growth of $100 invested at start of year
5 years of data
TRMB Distribution of Daily Returns from 2021 to 2026
TRMB Distribution of Daily % Changes