Precidian ETFs Trust - Novo Nordisk A/S (B Shares) ADRhedged (US74016W8414) - Seasonality

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Precidian ETFs Trust - Novo Nordisk A/S (B Shares) ADRhedged (US74016W8414) - Seasonality

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Correlation

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	100%	100%	100%	100%	100%	50%	100%	50%	100%	100%	100%	100%
Average return %	+14.98%	-36.04%	+1.98%	+12.63%	+7.71%	-1.47%	-15.40%	+7.08%	-2.21%	-9.01%	-0.37%	+0.59%
2026	+14.98%	-36.04%	+1.98%	+12.63%	+8.28%	+3.82%	-2.49%	-3.23%	-3.46%	--	--	--
2025	--	--	--	--	+7.13%	-6.76%	-28.31%	+17.40%	-2.21%	-9.01%	-0.37%	+0.59%

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