Tencent Music Entertainment Group - 1698.HK - Seasonality

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Tencent Music Entertainment Group - 1698.HK - 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%	100%	100%	50%	100%	100%	100%	100%
Average return %	-5.07%	-13.21%	-34.60%	-5.65%	+0.74%	-6.96%	+13.13%	+3.09%	-6.06%	-5.85%	-17.90%	-3.23%
2026	-5.07%	-13.21%	-34.60%	-5.65%	+0.74%	-6.96%	+17.09%	-12.42%	-7.77%	--	--	--
2025	--	--	--	--	--	--	+9.16%	+18.60%	-6.06%	-5.85%	-17.90%	-3.23%

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