Tencent Music Entertainment Group - TME - Seasonality

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Tencent Music Entertainment Group - TME - Seasonality

Seasonality Charts

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Correlation

Election

81.14%

2024

72.53%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	75%	63%	50%	75%	50%	63%	50%	75%	86%	57%	57%	57%
Average return %	+7.07%	-1.24%	-6.02%	-3.21%	+1.72%	+5.71%	-2.03%	-3.68%	-6.27%	+1.18%	+12.93%	+3.29%
2026	-4.28%	-12.99%	-36.44%	-1.19%	+0.55%	-9.44%	+13.17%	-12.49%	-6.17%	--	--	--
2025	+5.55%	+1.75%	+18.21%	-6.87%	+25.48%	+15.74%	+7.70%	+16.82%	-4.81%	-4.37%	-17.34%	-4.99%
2024	+4.33%	+11.38%	+6.88%	+12.15%	+15.14%	-2.77%	+0.93%	-26.38%	+15.42%	-7.63%	+2.52%	-0.53%
2023	+1.33%	-10.13%	+9.81%	-10.51%	-6.34%	+6.34%	-5.28%	-2.43%	-6.45%	+13.79%	+17.22%	+5.88%
2022	-9.78%	-12.78%	-9.65%	-12.73%	-1.65%	+20.10%	-16.14%	+21.38%	-20.55%	-11.08%	+94.18%	+18.12%
2021	+38.25%	-3.31%	-20.33%	-14.98%	-9.64%	-1.65%	-31.72%	-16.37%	-17.99%	+8.41%	-8.52%	-4.73%
2020	+8.09%	-4.41%	-17.07%	+13.42%	+13.23%	+4.18%	+19.91%	-3.16%	-5.50%	+0.74%	+12.63%	+14.80%
2019	+13.09%	+20.54%	+0.44%	-4.97%	-23.02%	+13.22%	-4.80%	-6.80%	-3.98%	+8.38%	-10.19%	-5.55%

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