Check historical price trends and seasonality for Dow Jones Transportation Average (^DJT).
Dow Jones Transportation Average (^DJT) average YTD return over the past 10 years is +9.87%.
Over the past 10 years, the return for the specified period (Feb 8 for 30 days) is +1.30%.
3 wins 5 losses with a win rate of 37.50%.
1) Overview:
The Dow Jones Transportation Average (^DJT) exhibits a strong upward tendency from late January through December. The index experiences a bullish phase from late January, climbing steadily through February, peaking in early December. A notable bearish period occurs in March, bottoming out on March 23 with an average decline of -2.4%. The index then consolidates before resuming its upward trend, culminating in significant gains in December, with +11.3% on December 2 and +9.8% on December 31.
2) Buy-the-dip points:
The most significant pullback period appears to be in March, presenting a potential buying opportunity around March 23, where the index tends to decline by -2.4%. Another dip occurs in early April. These pullbacks could be attributed to profit-taking or broader market corrections, offering strategic entry points for investors anticipating a rebound. The index tends to recover and resume its upward trajectory following these periods of weakness.
3) Summary:
Based on the 10-year average seasonality, a strategic approach would involve capitalizing on the weakness in March to establish a long position. Given the strong performance typically seen in December, particularly around December 2 and December 31, investors should consider holding through this period to maximize potential gains. However, it's crucial to remember that seasonality is just one factor, and other market conditions should be considered.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-02-08 | 16,142.8301 | 2024-03-08 | 15,718.2197 | -424.6104 | -2.63 |
| 2023 | 2023-02-08 | 15,394.4297 | 2023-03-09 | 14,569.1699 | -825.2598 | -5.36 |
| 2022 | 2022-02-08 | 15,360.7803 | 2022-03-09 | 15,142.7803 | -218.0000 | -1.42 |
| 2021 | 2021-02-08 | 12,874.9199 | 2021-03-09 | 13,786.8203 | 911.9004 | 7.08 |
| 2019 | 2019-02-08 | 10,177.0303 | 2019-03-09 | 10,116.8604 | -60.1699 | -0.59 |
| 2018 | 2018-02-08 | 10,159.5996 | 2018-03-09 | 10,739.9102 | 580.3106 | 5.71 |
| 2017 | 2017-02-08 | 9,245.8896 | 2017-03-09 | 9,208.6396 | -37.2500 | -0.40 |
| 2016 | 2016-02-08 | 6,924.3101 | 2016-03-08 | 7,478.3701 | 554.0600 | 8.00 |
| Avg | 12,034.9737 | 12,095.0963 | 60.12 | 1.30 |
| Day \ Month | Jan Total +0.25% | Feb Total +0.72% | Mar Total -0.13% | Apr Total -0.87% | May Total +0.75% | Jun Total +1.22% | Jul Total +3.89% | Aug Total +0.44% | Sep Total -0.98% | Oct Total +0.72% | Nov Total +6.61% | Dec Total -1.54% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.06% | 0.00% | +0.89% | +0.42% | -0.82% | -0.45% | +0.28% | +0.56% | -0.84% | +0.38% | -0.20% | +0.49% | +0.01% |
| 2 Avg +0.15% | +0.18% | +0.11% | +0.37% | -0.06% | +0.67% | +0.49% | +0.24% | -0.83% | +0.06% | -0.41% | +0.67% | +0.25% |
| 3 Avg -0.07% | -0.59% | -0.20% | -0.28% | -0.96% | +0.36% | +0.23% | +0.20% | +0.42% | -0.64% | +0.36% | +0.41% | -0.15% |
| 4 Avg +0.12% | +0.43% | +0.67% | -0.14% | -0.66% | +0.01% | +0.22% | 0.00% | +0.03% | +0.26% | +0.39% | +0.25% | -0.02% |
| 5 Avg -0.07% | -0.18% | -0.28% | -0.28% | -0.14% | -0.09% | +0.30% | -0.29% | +0.14% | -0.22% | +0.23% | +0.64% | -0.62% |
| 6 Avg +0.12% | +0.44% | +0.24% | -0.21% | +0.12% | -0.38% | +0.25% | -0.06% | +0.59% | -0.28% | +0.07% | +0.49% | +0.20% |
| 7 Avg +0.05% | -0.13% | +0.04% | -0.51% | -0.26% | +0.18% | +0.44% | +0.26% | +0.12% | +0.09% | -0.32% | +0.71% | -0.05% |
| 8 Avg +0.04% | +0.42% | -0.23% | -0.31% | +0.13% | +0.46% | -0.03% | -0.14% | +0.19% | -0.17% | +0.10% | +0.06% | +0.05% |
| 9 Avg -0.06% | +0.13% | +0.27% | -0.59% | +1.10% | -0.24% | -0.63% | +0.05% | -0.53% | +0.23% | +0.01% | -0.41% | -0.13% |
| 10 Avg +0.14% | -0.10% | -0.03% | +0.32% | -0.25% | +0.14% | -0.42% | +0.52% | +0.60% | +0.17% | -0.34% | +0.93% | +0.18% |
| 11 Avg +0.03% | +0.40% | -0.20% | -0.25% | +0.26% | -0.52% | -0.85% | +0.04% | +0.29% | +0.42% | +0.28% | +0.39% | +0.09% |
| 12 Avg +0.12% | +0.28% | +0.76% | -1.06% | -0.02% | -0.02% | +0.52% | +0.59% | +0.13% | +0.18% | +0.17% | -0.34% | +0.26% |
| 13 Avg -0.06% | -0.20% | +0.08% | +0.66% | +0.02% | -0.25% | -0.48% | -0.12% | +0.27% | -0.41% | -0.15% | +0.07% | -0.18% |
| 14 Avg +0.10% | +0.39% | +0.33% | -0.40% | +0.37% | +0.22% | -0.10% | +0.18% | -0.04% | +0.08% | +0.24% | +0.46% | -0.47% |
| 15 Avg +0.11% | -0.24% | +0.36% | +0.19% | -0.44% | -0.02% | +0.51% | +0.41% | -0.12% | +0.12% | +0.38% | +0.19% | +0.02% |
| 16 Avg -0.03% | +0.04% | -0.15% | -0.49% | -0.11% | +0.11% | -0.27% | +0.31% | +0.34% | -0.41% | +0.50% | +0.01% | -0.26% |
| 17 Avg -0.03% | -0.13% | -0.12% | +1.06% | +0.65% | +0.12% | -0.38% | -0.31% | -0.58% | -0.23% | +0.13% | -0.38% | -0.26% |
| 18 Avg -0.06% | +0.28% | +0.01% | -0.62% | +0.12% | -0.03% | -0.07% | +0.28% | -0.05% | -0.15% | -0.29% | -0.01% | -0.21% |
| 19 Avg -0.01% | -0.13% | +0.14% | +0.14% | +0.46% | -0.43% | -0.22% | +0.34% | +0.07% | +0.23% | -0.27% | -0.16% | -0.28% |
| 20 Avg -0.13% | +0.33% | -0.22% | -0.34% | 0.00% | +0.23% | +0.11% | +0.03% | -0.20% | -0.59% | +0.13% | -0.62% | -0.37% |
| 21 Avg +0.00% | -0.29% | -0.55% | +0.10% | -0.43% | -0.30% | +0.23% | -0.05% | +0.33% | -0.25% | +0.28% | +0.73% | +0.22% |
| 22 Avg -0.01% | +0.04% | +0.13% | -0.65% | +0.02% | -0.09% | -0.15% | +0.32% | -0.06% | -0.17% | +0.11% | +0.42% | -0.05% |
| 23 Avg +0.02% | +0.11% | -0.06% | -0.89% | +0.59% | -0.17% | +0.52% | +0.13% | -0.04% | -0.08% | -0.57% | +0.37% | +0.34% |
| 24 Avg +0.12% | -0.01% | -0.07% | +1.61% | +0.21% | +0.01% | -0.20% | -0.38% | +0.13% | +0.06% | -0.01% | +0.25% | -0.16% |
| 25 Avg +0.05% | -0.28% | -0.26% | +0.25% | -0.58% | +0.45% | -0.40% | +0.40% | +0.08% | +0.17% | +0.12% | +0.62% | 0.00% |
| 26 Avg +0.11% | +0.11% | -0.14% | +0.98% | -0.81% | +0.88% | +0.23% | +0.54% | -0.42% | -0.14% | -0.32% | -0.19% | +0.61% |
| 27 Avg +0.01% | -0.51% | -0.54% | -0.28% | +0.98% | +0.84% | -0.08% | -0.57% | +0.17% | +0.38% | -0.15% | -0.24% | +0.08% |
| 28 Avg +0.10% | +0.15% | -0.26% | +0.23% | +0.30% | -0.43% | +0.40% | +0.35% | +0.39% | +0.47% | -0.10% | +0.09% | -0.39% |
| 29 Avg +0.14% | +0.13% | - | +0.57% | -0.10% | -0.34% | +0.54% | +0.26% | +0.32% | -0.32% | +0.15% | +0.40% | -0.04% |
| 30 Avg -0.06% | -0.62% | - | +0.30% | -0.57% | +0.27% | +0.23% | -0.25% | +0.04% | -0.22% | +0.21% | +0.30% | -0.35% |
| 31 Avg -0.14% | -0.19% | - | -0.04% | - | -0.42% | - | +0.05% | -0.50% | - | 0.00% | - | +0.13% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
