Cocoa - Seasonality

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Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	60%	60%	60%	60%	60%	80%	60%	60%	60%	60%	60%	56%
Average return %	+0.71%	+1.95%	+5.71%	+2.88%	+0.83%	-4.47%	+0.68%	-0.14%	-1.57%	-0.10%	+1.58%	+4.30%
2025	-5.89%	-16.96%	-13.39%	+12.11%	+10.52%	-8.08%	-5.49%	-9.36%	-12.46%	-8.86%	-10.52%	+10.16%
2024	+14.92%	+25.45%	+61.45%	-4.95%	+0.52%	-17.15%	+4.67%	-5.20%	+0.66%	-5.02%	+28.51%	+23.87%
2023	-0.31%	+8.02%	+4.75%	+8.22%	-5.23%	+10.31%	+6.78%	+1.67%	-5.11%	+11.67%	+17.24%	-6.23%
2022	+5.56%	-5.23%	+4.76%	-1.67%	-2.16%	-8.93%	+3.28%	-0.92%	-0.59%	-0.25%	+5.28%	+5.18%
2021	-4.53%	+6.20%	-8.45%	-3.06%	+5.34%	-4.58%	+0.51%	+7.27%	+7.72%	-4.83%	-9.61%	+7.14%
2020	+9.33%	-0.61%	-18.95%	+7.38%	+2.21%	-11.65%	+10.65%	+11.08%	-6.71%	-7.80%	+17.36%	-3.27%
2019	-8.57%	+0.36%	+4.24%	+0.17%	+3.67%	+4.21%	-4.96%	-9.09%	+13.93%	+1.58%	-14.11%	+18.25%
2018	+7.82%	+10.29%	+13.60%	+13.22%	-13.44%	-1.16%	-14.01%	+9.11%	-13.39%	+13.67%	-6.25%	+12.69%
2017	-0.66%	-10.18%	+10.44%	-13.51%	+12.47%	-6.62%	+7.83%	-5.12%	+4.93%	+3.72%	-3.68%	-7.30%
2016	-10.59%	+2.16%	-1.40%	+10.89%	-5.61%	-1.06%	-2.44%	-0.86%	-4.69%	-4.85%	-8.41%	-11.64%

Seasonality Charts

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Correlation

Midterm

53.48%

2021

79.41%

Daily Average

Weekly average

Monthly average