Schulz S.A. - SHUL4.SA - Seasonality

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Schulz S.A. - SHUL4.SA - Seasonality

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	60%	50%	56%	56%	56%	56%	89%	56%	67%	56%	56%	78%
Average return %	+4.81%	+1.45%	-3.52%	+8.16%	+4.20%	+1.05%	+4.36%	+3.49%	-1.64%	+0.59%	+1.94%	+7.32%
2026	+5.74%	+5.24%	--	--	--	--	--	--	--	--	--	--
2025	+8.36%	-5.14%	-5.42%	-1.79%	-0.36%	-1.28%	-6.49%	-2.18%	-3.45%	+2.31%	+4.93%	-1.17%
2024	-7.58%	+7.87%	-2.74%	-8.28%	-1.53%	+0.35%	+5.34%	+6.06%	-6.48%	+2.15%	-10.82%	+3.99%
2023	+3.54%	-5.47%	-2.65%	+0.25%	+33.58%	+9.61%	+5.40%	+10.72%	+1.45%	-2.85%	-4.25%	+1.07%
2022	-1.10%	+3.90%	+6.43%	+0.25%	+1.01%	-5.97%	+1.06%	+12.30%	-4.90%	+6.86%	-3.21%	+0.47%
2021	-1.05%	-3.52%	+17.88%	+44.89%	-4.91%	-2.25%	+1.84%	-5.64%	-7.18%	-8.51%	+5.63%	-3.20%
2020	+16.67%	+16.73%	-47.20%	+13.91%	+23.84%	+5.16%	+12.05%	-3.59%	+6.20%	-2.72%	+4.80%	+9.54%
2019	+8.51%	-5.88%	+4.17%	-2.00%	+1.36%	+12.75%	+6.55%	+4.47%	-5.35%	+3.39%	+7.10%	+7.14%
2018	-12.20%	+1.85%	-2.73%	-1.87%	-0.95%	-9.46%	+9.39%	-4.37%	-0.28%	+5.89%	+20.19%	+12.80%
2017	+27.19%	-1.12%	+0.56%	+28.04%	-14.23%	+0.51%	+4.10%	+13.61%	+5.19%	-1.23%	-6.91%	+35.27%

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Correlation

Post-election

91.96%

2020

78.66%

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