Telecom Argentina S.A. - TECO2.BA - Seasonality

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Telecom Argentina S.A. - TECO2.BA - Seasonality

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	90%	80%	67%	56%	78%	63%	67%	67%	67%	89%	100%	56%
Average return %	+12.30%	-7.80%	-1.86%	-1.32%	+9.84%	+3.66%	+6.28%	+3.08%	+1.24%	+11.71%	+19.67%	+0.98%
2026	+14.74%	-16.62%	--	--	--	--	--	--	--	--	--	--
2025	-5.05%	-7.20%	-1.29%	-14.04%	+2.61%	-9.55%	+17.61%	-2.79%	-8.21%	+51.23%	+10.21%	-5.30%
2024	+41.96%	-20.32%	+6.49%	+1.02%	+21.28%	0.00%	-18.91%	+9.37%	+1.93%	+16.53%	+41.63%	+0.82%
2023	+26.27%	-13.27%	-1.12%	+15.72%	+1.18%	+31.80%	+9.07%	+32.48%	-13.73%	+10.03%	+73.80%	-7.49%
2022	+15.00%	-6.23%	+4.19%	-0.57%	-1.62%	+1.87%	+14.46%	+6.89%	-8.99%	+2.64%	+12.03%	+29.41%
2021	+1.20%	-13.59%	-6.14%	-8.33%	+27.91%	-3.70%	-0.33%	+5.73%	+2.29%	+5.78%	+3.03%	-5.51%
2020	+11.53%	+1.71%	-18.97%	+1.21%	+16.27%	+2.44%	+17.01%	-21.43%	+5.75%	+6.66%	+26.19%	-20.59%
2019	+4.03%	-5.53%	+8.42%	-6.47%	+11.80%	+14.63%	-0.56%	-26.76%	+14.72%	+13.98%	+6.04%	+11.27%
2018	+8.04%	-9.89%	-7.14%	-1.48%	-10.85%	-6.48%	+7.95%	+12.83%	+15.21%	-9.73%	0.00%	-8.39%
2017	+5.28%	+12.94%	-1.15%	+1.09%	+20.00%	+1.91%	+10.20%	+11.38%	+2.20%	+8.27%	+4.06%	+14.56%

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Correlation

2021

82.49%

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