Buffalo Discovery Fund - Seasonality

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Buffalo Discovery Fund - Seasonality

Seasonality Charts

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Correlation

Election

72.45%

2008

86.54%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	70%	60%	50%	50%	70%	90%	90%	60%	67%	67%	78%	78%
Average return %	+2.25%	-0.27%	-2.00%	-0.06%	+2.41%	+1.83%	+2.70%	+0.64%	-2.00%	-0.56%	+4.23%	-8.46%
2026	-1.01%	-1.18%	-8.76%	+6.44%	+2.07%	+2.47%	-4.61%	+4.10%	-3.29%	--	--	--
2025	+6.45%	-5.49%	-6.54%	-7.96%	+15.45%	+3.77%	+0.54%	-1.12%	-1.64%	-0.09%	-1.07%	-18.91%
2024	-1.29%	+5.49%	+2.08%	-7.57%	+0.72%	+1.43%	+2.37%	+2.15%	+1.11%	-1.73%	+7.23%	-13.87%
2023	+10.16%	-1.46%	+1.67%	-2.91%	+0.48%	+7.12%	+2.02%	-2.29%	-5.90%	-6.13%	+12.50%	+8.80%
2022	-12.11%	-2.56%	+2.26%	-11.22%	-2.89%	-8.80%	+12.11%	-4.53%	-8.78%	+7.21%	+4.37%	-11.22%
2021	+1.07%	+2.41%	-0.77%	+4.06%	-2.49%	+3.97%	+1.94%	+1.12%	-3.58%	+5.97%	-6.63%	-9.60%
2020	+1.24%	-6.36%	-13.45%	+13.38%	+9.18%	+0.04%	+5.93%	+3.26%	+0.67%	-1.77%	+12.43%	+0.23%
2019	+9.64%	+6.51%	+2.35%	+4.03%	-3.80%	+6.24%	+2.01%	-1.49%	-1.22%	-0.22%	+4.02%	-12.53%
2018	+5.66%	-3.24%	-0.97%	-0.86%	+3.95%	+0.63%	+1.89%	+4.44%	-0.70%	-10.38%	+2.37%	-14.16%
2017	+2.72%	+3.13%	+2.15%	+2.01%	+1.43%	+1.46%	+2.79%	+0.81%	+2.02%	+2.10%	+2.83%	-4.91%

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