Check historical price trends and seasonality for Discover Financial (DFS).
Discover Financial (DFS) average YTD return over the past 10 years is +16.52%.
Over the past 10 years, the return for the specified period (Jun 2 for 60 days) is -2.29%.
2 wins 4 losses with a win rate of 33.33%.
1) Overview:
Discover Financial (DFS) exhibits a distinct seasonal pattern over the past 10 years. The stock tends to decline from early March, reaching a low point around March 23 with an average decrease of -7.2%. A strong bullish phase then begins, lasting through the end of the year, culminating in substantial gains around December 26 and December 31, averaging +16.6% and +16.5% respectively.
2) Buy-the-dip points:
The most significant pullback period for Discover Financial typically occurs in March, presenting a potential buying opportunity around March 23, where the stock has historically bottomed out with an average decline of -7.2%. Another potential entry point arises in early April, as the stock continues to trade negatively into April 4, averaging -6.0%. Following these pullbacks, the stock tends to rebound strongly, making these dips attractive for initiating or adding to positions.
3) Summary:
A seasonal investment strategy for Discover Financial could involve accumulating shares during the weakness in March, specifically around March 23, and potentially in early April. Investors should consider exiting or reducing their positions near the end of December to capitalize on the historically strong performance around December 26 and December 31. This strategy aims to benefit from the stock's tendency to rally from spring through the end of the year.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2023 | 2023-06-02 | 109.0900 | 2023-07-31 | 105.5500 | -3.5400 | -3.25 |
| 2022 | 2022-06-02 | 112.7700 | 2022-07-31 | 101.0000 | -11.7700 | -10.44 |
| 2021 | 2021-06-02 | 121.0300 | 2021-07-31 | 124.3200 | 3.2900 | 2.72 |
| 2020 | 2020-06-02 | 52.3900 | 2020-07-31 | 49.4300 | -2.9600 | -5.65 |
| 2017 | 2017-06-02 | 58.9100 | 2017-07-31 | 60.9400 | 2.0300 | 3.45 |
| 2016 | 2016-06-02 | 57.1500 | 2016-07-31 | 56.8400 | -0.3100 | -0.54 |
| Avg | 85.2233 | 83.0133 | -2.21 | -2.29 |
| Day \ Month | Jan Total +0.86% | Feb Total +2.71% | Mar Total -7.33% | Apr Total +7.14% | May Total +1.36% | Jun Total +1.17% | Jul Total +3.46% | Aug Total -0.67% | Sep Total -0.35% | Oct Total +1.48% | Nov Total +8.56% | Dec Total +2.62% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg -0.05% | 0.00% | +0.28% | -0.64% | -0.65% | -1.25% | +0.96% | +0.38% | -0.86% | -0.07% | +0.04% | +0.57% | +0.59% |
| 2 Avg +0.16% | +0.18% | +0.03% | +0.37% | -0.26% | +0.15% | +1.03% | +0.36% | -1.09% | +0.10% | +0.81% | +0.13% | +0.12% |
| 3 Avg 0.00% | -0.03% | +0.34% | -0.49% | -1.59% | +0.09% | +0.73% | +0.11% | +0.69% | +0.01% | +0.01% | +0.48% | -0.40% |
| 4 Avg +0.14% | +1.20% | +0.99% | -0.92% | -1.06% | +0.17% | +0.59% | 0.00% | -0.08% | +0.26% | +1.00% | -0.16% | -0.31% |
| 5 Avg +0.07% | -0.22% | -0.04% | +0.28% | +0.23% | -0.14% | +0.50% | -0.76% | -0.17% | -0.11% | +0.45% | +0.57% | +0.26% |
| 6 Avg +0.26% | +0.74% | -0.20% | -1.07% | +1.48% | -0.78% | +0.69% | +0.11% | +0.41% | -0.55% | -0.48% | +1.86% | +0.87% |
| 7 Avg +0.07% | +0.08% | -0.13% | -1.32% | +0.32% | +0.35% | +0.60% | -0.03% | +0.38% | -0.31% | +0.16% | +0.03% | +0.64% |
| 8 Avg +0.13% | -0.13% | -0.39% | +0.11% | +0.78% | +0.78% | 0.00% | +0.24% | +0.67% | -0.48% | -0.09% | +0.09% | -0.01% |
| 9 Avg +0.25% | +0.21% | +0.43% | -1.27% | +2.06% | -0.22% | -0.79% | +0.50% | -0.24% | +0.74% | +0.16% | +1.16% | +0.27% |
| 10 Avg -0.03% | +0.12% | -0.08% | -0.32% | -0.62% | -0.20% | -1.49% | +0.33% | +0.77% | -0.32% | -0.20% | +1.42% | +0.25% |
| 11 Avg -0.16% | +0.20% | -0.73% | -0.12% | +0.07% | -0.95% | -1.20% | +0.27% | +0.56% | +0.20% | -0.40% | +0.30% | -0.11% |
| 12 Avg +0.04% | -0.22% | +0.76% | -0.93% | +0.17% | -0.22% | +0.81% | +0.63% | -0.56% | +0.02% | +0.06% | -0.37% | +0.30% |
| 13 Avg -0.04% | +0.52% | +0.25% | +0.88% | -0.67% | -0.53% | -0.59% | -0.22% | +0.27% | -0.25% | -0.46% | +0.41% | -0.15% |
| 14 Avg +0.21% | +0.58% | +0.59% | +0.84% | +0.07% | +0.93% | -0.75% | -0.35% | +0.07% | +0.51% | +0.24% | +0.07% | -0.31% |
| 15 Avg +0.15% | +0.10% | +0.77% | -0.99% | -0.69% | +0.23% | +0.71% | +1.52% | -0.64% | +0.41% | +0.31% | +0.10% | -0.02% |
| 16 Avg -0.17% | -0.05% | +0.21% | -2.39% | -0.45% | -0.27% | -0.57% | +0.17% | +0.41% | +0.41% | +0.72% | -0.09% | -0.15% |
| 17 Avg +0.01% | -0.26% | -0.54% | -1.25% | +1.62% | +0.47% | +0.27% | -0.20% | -0.71% | +0.28% | +0.57% | +0.25% | -0.43% |
| 18 Avg -0.24% | -1.41% | -0.23% | -2.15% | +0.82% | +0.65% | -0.27% | +0.61% | -0.45% | -0.05% | +0.21% | -0.27% | -0.30% |
| 19 Avg +0.03% | -0.39% | +0.78% | +0.61% | +0.60% | -0.34% | -0.20% | -0.11% | -0.19% | +0.80% | -1.01% | -0.18% | -0.06% |
| 20 Avg -0.08% | +0.35% | +1.14% | -0.84% | +0.71% | +0.37% | +0.20% | -1.42% | -0.22% | -0.65% | -0.13% | -0.43% | -0.04% |
| 21 Avg -0.17% | -0.81% | -1.01% | 0.00% | -0.05% | +0.13% | +0.26% | +0.19% | -0.29% | -0.66% | -0.78% | +0.21% | +0.79% |
| 22 Avg +0.07% | +0.73% | +0.17% | -0.97% | +0.53% | -0.15% | -0.02% | +0.24% | -0.87% | -0.07% | +0.74% | +0.65% | -0.08% |
| 23 Avg +0.23% | +0.56% | +0.14% | -0.57% | +0.85% | -0.04% | +0.40% | +0.50% | -0.16% | -0.26% | +0.20% | +0.88% | +0.25% |
| 24 Avg +0.31% | -0.70% | -0.06% | +3.07% | +0.80% | -0.36% | -0.58% | +1.13% | +0.70% | -0.45% | -0.22% | +0.48% | -0.13% |
| 25 Avg +0.21% | +0.46% | -0.56% | +1.38% | -0.59% | +0.32% | +0.22% | +0.15% | +0.38% | +0.21% | +0.46% | +0.09% | 0.00% |
| 26 Avg +0.16% | +0.21% | +0.07% | +1.41% | +0.41% | +1.59% | -0.74% | -0.22% | -0.36% | -0.38% | -0.55% | -0.16% | +0.67% |
| 27 Avg -0.07% | -1.00% | -0.35% | -0.93% | +0.06% | +1.71% | -0.34% | -0.09% | +0.74% | +0.22% | -0.71% | -0.14% | -0.05% |
| 28 Avg +0.22% | -0.07% | +0.06% | -0.06% | +1.71% | -0.30% | +0.31% | -0.44% | +0.40% | +0.63% | +0.21% | +0.45% | -0.28% |
| 29 Avg +0.17% | -0.03% | - | +0.81% | +1.39% | -0.79% | +0.06% | +0.56% | +0.19% | -0.66% | +0.01% | +0.27% | +0.07% |
| 30 Avg -0.05% | +0.11% | - | +0.01% | -0.91% | -0.03% | +0.40% | -0.47% | -0.38% | +0.12% | +0.62% | -0.12% | +0.05% |
| 31 Avg -0.08% | -0.18% | - | +0.11% | - | -0.03% | - | -0.26% | -0.05% | - | -0.47% | - | +0.31% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
