The New Germany Fund, Inc. - Seasonality

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The New Germany Fund, Inc. - Seasonality

Seasonality Charts

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Correlation

2001

80.63%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	70%	60%	60%	60%	50%	60%	70%	60%	67%	56%	56%	56%
Average return %	+4.63%	-1.10%	-2.19%	+3.59%	+0.84%	-0.83%	+1.68%	+0.08%	-2.18%	-2.16%	+3.60%	-4.51%
2026	+4.55%	+0.67%	-14.98%	+14.58%	+4.27%	-6.14%	-2.27%	+3.84%	-6.45%	--	--	--
2025	+7.95%	+7.36%	+8.52%	+6.93%	+10.49%	+3.02%	-1.51%	-0.77%	-0.94%	-2.51%	-3.73%	+5.25%
2024	-4.69%	+1.32%	+3.20%	-4.02%	+3.95%	-6.33%	+3.56%	+1.66%	+4.20%	-5.26%	-3.90%	-4.06%
2023	+21.42%	-3.97%	-1.20%	-0.99%	-5.33%	+5.40%	+3.01%	-5.08%	-6.95%	-8.08%	+12.12%	+3.80%
2022	-9.32%	-10.50%	-4.91%	-9.89%	-5.05%	-13.70%	+0.12%	-7.81%	-10.65%	+6.47%	+10.80%	-3.90%
2021	+2.89%	+1.53%	-0.55%	+7.03%	-2.50%	-1.94%	+1.43%	+2.24%	-5.86%	+0.41%	-6.30%	-20.29%
2020	-2.04%	-9.37%	-16.59%	+12.23%	+8.98%	+6.90%	+6.32%	+6.26%	-1.57%	-5.21%	+17.00%	+1.66%
2019	+15.13%	+3.27%	+0.50%	+5.44%	-9.36%	+6.44%	-1.90%	-1.43%	+0.80%	+4.47%	+3.18%	+4.95%
2018	+5.25%	-3.57%	-1.01%	-1.33%	-4.05%	-1.35%	+4.50%	+0.42%	-4.91%	-11.48%	-1.12%	-26.55%
2017	+5.13%	+2.26%	+5.12%	+5.89%	+6.97%	-0.60%	+3.55%	+1.45%	+6.30%	+1.72%	+4.39%	-1.42%

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