Check historical price trends and seasonality for Evergreen Marine Corporation (Taiwan) Ltd. (2603.TW).
Evergreen Marine Corporation (Taiwan) Ltd. (2603.TW) average YTD return over the past 10 years is +46.80%.
Over the past 10 years, the return for the specified period (Feb 8 for 30 days) is +11.46%.
4 wins 0 losses with a win rate of 100.00%.
1) Overview:
Evergreen Marine Corporation typically experiences a bearish phase in January, bottoming out around January 30 with an average decline of -5.1%. A strong bullish trend then emerges, extending through the year and culminating in a significant peak around December 31, showing an average increase of +46.7%. The most substantial gains are generally observed from late spring through early summer.
2) Buy-the-dip points:
The most prominent dip opportunity arises in January, particularly around January 30, where the stock tends to bottom out with a -5.1% decline. Another potential, albeit smaller, dip occurs in early February, presenting a secondary entry point before the stock begins its upward trajectory. These pullbacks could be attributed to profit-taking after the year-end rally or general market sentiment at the start of the year. The stock typically rebounds starting in late February and early March.
3) Summary:
Based on historical seasonality, a strategic approach to Evergreen Marine Corporation might involve accumulating shares during the weakness in January, especially around January 30. Investors should consider that the stock tends to perform exceptionally well towards the year-end, making it a potentially attractive long-term holding if purchased during the seasonal dip. However, broader market conditions and company-specific news should always be factored into investment decisions.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2023 | 2023-02-08 | 151.5000 | 2023-03-09 | 164.5000 | 13.0000 | 8.58 |
| 2022 | 2022-02-08 | 322.5000 | 2022-03-09 | 390.0000 | 67.5000 | 20.93 |
| 2018 | 2018-02-08 | 35.9404 | 2018-03-09 | 36.4118 | 0.4714 | 1.31 |
| 2017 | 2017-02-08 | 30.2439 | 2017-03-09 | 34.7805 | 4.5366 | 15.00 |
| Avg | 135.0461 | 156.4231 | 21.38 | 11.46 |
| Day \ Month | Jan Total -5.13% | Feb Total +6.94% | Mar Total -0.01% | Apr Total +9.79% | May Total +4.60% | Jun Total -4.31% | Jul Total +1.41% | Aug Total +7.21% | Sep Total -6.59% | Oct Total -1.77% | Nov Total +7.25% | Dec Total +9.50% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.40% | 0.00% | +0.76% | +1.54% | +0.43% | 0.00% | +1.86% | +0.98% | +0.42% | -0.43% | -0.51% | -0.18% | -0.02% |
| 2 Avg +0.30% | +1.83% | +0.85% | +0.36% | +0.01% | -0.10% | +0.33% | +0.09% | -0.79% | -0.25% | -0.10% | +0.87% | +0.55% |
| 3 Avg +0.48% | +0.57% | -0.76% | +1.40% | +0.02% | +0.40% | +0.94% | +1.86% | +0.13% | -0.08% | -0.39% | +0.83% | +0.87% |
| 4 Avg +0.02% | +0.95% | -0.10% | +0.27% | 0.00% | -1.23% | -0.43% | +0.93% | +0.53% | +0.07% | -1.77% | +0.22% | +0.81% |
| 5 Avg +0.18% | +0.55% | +0.42% | -0.02% | -0.18% | -0.17% | -0.05% | +0.73% | -0.44% | +0.55% | +0.70% | +0.61% | -0.58% |
| 6 Avg -0.28% | -0.29% | -0.87% | -0.21% | -0.97% | +0.36% | 0.00% | -0.30% | +0.83% | -1.00% | -0.45% | +0.04% | -0.52% |
| 7 Avg +0.02% | -1.12% | +0.68% | +0.25% | -0.36% | +0.17% | -0.54% | -0.87% | +0.72% | +0.92% | +0.72% | -0.25% | -0.10% |
| 8 Avg +0.30% | -0.06% | +0.12% | -0.40% | +1.15% | -0.39% | +0.90% | 0.00% | +0.08% | -0.11% | -0.26% | +1.37% | +1.21% |
| 9 Avg -0.07% | -1.21% | +0.03% | +0.97% | -0.65% | -0.69% | -0.63% | -0.71% | +0.21% | +0.11% | -0.27% | +0.66% | +1.30% |
| 10 Avg +0.06% | -0.44% | +0.29% | -0.36% | +0.69% | +2.18% | -0.14% | -0.53% | +0.24% | +0.35% | 0.00% | -0.95% | -0.56% |
| 11 Avg -0.12% | +0.56% | +0.36% | +0.16% | +1.89% | -0.31% | -0.17% | +0.19% | -0.57% | -0.75% | -1.80% | -0.88% | -0.11% |
| 12 Avg -0.24% | -0.96% | +0.09% | +0.63% | +0.86% | -1.29% | -0.37% | -1.66% | +0.83% | -0.47% | -1.35% | +0.22% | +0.65% |
| 13 Avg -0.08% | -1.02% | -0.02% | -0.02% | +1.02% | +0.72% | -0.53% | -1.22% | -1.00% | -0.41% | +0.62% | +0.16% | +0.72% |
| 14 Avg +0.27% | +0.47% | -0.04% | -0.69% | +0.53% | -0.70% | +0.27% | -0.41% | +1.98% | -0.98% | +1.63% | +1.12% | +0.04% |
| 15 Avg +0.15% | -0.98% | +0.25% | -1.76% | +1.03% | -0.06% | +0.79% | +1.03% | -0.40% | +0.70% | -0.18% | +0.57% | +0.77% |
| 16 Avg +0.08% | -0.96% | +0.41% | -1.59% | +0.15% | +0.70% | -0.08% | +1.09% | +0.17% | -0.85% | +0.10% | +0.98% | +0.83% |
| 17 Avg +0.02% | -0.01% | +0.44% | +0.47% | -0.42% | -2.06% | +0.27% | +0.36% | +1.48% | +0.24% | -0.69% | -0.32% | +0.48% |
| 18 Avg +0.49% | +0.73% | +1.20% | -0.04% | -0.42% | +1.95% | +0.09% | +0.21% | +1.28% | -0.33% | +0.11% | +0.45% | +0.61% |
| 19 Avg -0.01% | -1.17% | +0.22% | +0.69% | +1.14% | +0.68% | -1.63% | +0.69% | -0.73% | -0.90% | +0.57% | +0.10% | +0.18% |
| 20 Avg -0.13% | -0.93% | +0.29% | +0.15% | +0.13% | +0.10% | -0.40% | -0.91% | +0.19% | +0.24% | -0.24% | +0.54% | -0.68% |
| 21 Avg +0.27% | -0.16% | +1.40% | -0.35% | +0.49% | +1.28% | +0.57% | -0.46% | +0.14% | -0.54% | +0.12% | -0.46% | +1.25% |
| 22 Avg -0.03% | +0.70% | +0.92% | +0.51% | +0.07% | +0.23% | -0.36% | -0.74% | +0.13% | -1.41% | -0.18% | +0.10% | -0.34% |
| 23 Avg +0.01% | -0.29% | -0.10% | -1.03% | +0.09% | +0.53% | -1.90% | +0.84% | +1.03% | +0.18% | +0.56% | +0.33% | -0.13% |
| 24 Avg +0.22% | +0.37% | -0.27% | +0.04% | -0.43% | +0.67% | +1.00% | -0.09% | -0.69% | +0.55% | +0.60% | +0.48% | +0.45% |
| 25 Avg +0.16% | -0.31% | +0.43% | -0.79% | -0.12% | -0.02% | +0.20% | -0.08% | +1.30% | +0.54% | +0.42% | +0.48% | -0.10% |
| 26 Avg -0.01% | -0.37% | +0.19% | +0.05% | +1.29% | +0.75% | -0.31% | -0.80% | -0.43% | -1.20% | +0.36% | +0.30% | +0.11% |
| 27 Avg -0.01% | -0.49% | -0.27% | -0.44% | +0.40% | +0.49% | +0.60% | -0.39% | -0.43% | +0.79% | -0.12% | -0.41% | +0.09% |
| 28 Avg +0.03% | +0.41% | 0.00% | -0.30% | -0.17% | +0.72% | +0.29% | +0.53% | +0.09% | -1.34% | -0.86% | +0.32% | +0.69% |
| 29 Avg +0.11% | -0.25% | - | +0.45% | +1.25% | -0.10% | -1.12% | +1.38% | -0.52% | -0.56% | +0.42% | -0.16% | +0.38% |
| 30 Avg -0.35% | -1.27% | - | -0.26% | +0.89% | -0.30% | -3.76% | -0.42% | +0.36% | -0.22% | +0.82% | +0.12% | +0.14% |
| 31 Avg +0.24% | +0.02% | - | +0.30% | - | +0.08% | - | +0.06% | +1.07% | - | -0.34% | - | +0.50% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|