Check historical price trends and seasonality for Drax Group plc (DRX.L).
Drax Group plc (DRX.L) average YTD return over the past 10 years is +17.44%.
Over the past 10 years, the return for the specified period (Jun 15 for 30 days) is +7.51%.
6 wins 1 losses with a win rate of 85.71%.
1) Overview:
Drax Group plc (DRX.L) exhibits a distinct seasonal pattern over the past 10 years. The stock tends to decline from early January, reaching a low point around February 24 with an average decrease of -5.9%. A bullish phase then begins, extending through the year and culminating in a significant rally towards the end of December, specifically around December 29 and December 31, showing average gains of +17.5% and +17.4% respectively.
2) Buy-the-dip points:
The most prominent "buy-the-dip" opportunity appears in February, particularly around February 24, where the stock experiences an average decline of -5.9%. This pullback, likely driven by early-year market adjustments, presents a strategic entry point for investors anticipating the subsequent rally. Another potential, albeit less pronounced, dip occurs in March, before the stock begins its upward trajectory.
3) Summary:
An investment strategy for Drax Group plc (DRX.L) could involve capitalizing on the seasonal weakness in February, aiming for entry around February 24. The data suggests holding the position through the year to take advantage of the significant gains typically observed in December, specifically around December 29 and December 31. Investors should consider external factors and conduct thorough due diligence before making investment decisions.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2023 | 2023-06-15 | 573.4000 | 2023-07-14 | 583.6000 | 10.2000 | 1.78 |
| 2022 | 2022-06-15 | 622.5000 | 2022-07-14 | 713.0000 | 90.5000 | 14.54 |
| 2021 | 2021-06-15 | 439.0000 | 2021-07-14 | 421.2000 | -17.8000 | -4.05 |
| 2020 | 2020-06-15 | 227.0000 | 2020-07-14 | 258.6000 | 31.6000 | 13.92 |
| 2018 | 2018-06-15 | 328.4000 | 2018-07-14 | 356.4000 | 28.0000 | 8.53 |
| 2017 | 2017-06-15 | 341.5000 | 2017-07-14 | 346.7000 | 5.2000 | 1.52 |
| 2016 | 2016-06-15 | 305.0000 | 2016-07-14 | 354.8000 | 49.8000 | 16.33 |
| Avg | 405.2571 | 433.4714 | 28.21 | 7.51 |
| Day \ Month | Jan Total -1.10% | Feb Total -2.82% | Mar Total +0.49% | Apr Total +6.85% | May Total -1.89% | Jun Total +0.86% | Jul Total +9.06% | Aug Total -5.58% | Sep Total -0.06% | Oct Total +1.09% | Nov Total +2.36% | Dec Total +9.40% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.35% | 0.00% | -0.13% | +1.38% | +0.15% | -0.30% | +0.74% | +0.80% | -0.59% | +0.20% | +0.36% | +0.61% | +1.03% |
| 2 Avg -0.20% | +0.29% | -0.23% | +0.79% | +0.07% | -1.04% | -0.16% | -0.04% | -1.11% | +0.15% | -0.61% | +0.23% | -0.72% |
| 3 Avg +0.04% | -0.20% | -0.05% | +0.14% | +0.13% | -0.29% | -0.18% | +1.37% | -0.67% | +0.18% | -0.75% | +0.35% | +0.41% |
| 4 Avg +0.19% | -0.57% | +0.62% | +0.53% | +1.13% | -0.48% | -0.32% | +0.18% | +0.62% | -0.24% | +0.44% | +0.27% | +0.16% |
| 5 Avg +0.06% | +0.02% | -0.20% | -0.23% | +0.22% | +0.50% | +0.71% | -0.17% | -0.43% | +0.22% | +0.18% | +0.05% | -0.11% |
| 6 Avg +0.19% | -0.16% | -0.03% | +0.18% | -0.03% | +0.21% | +0.56% | +0.17% | +0.41% | +0.02% | +0.14% | -0.33% | +1.09% |
| 7 Avg +0.30% | -0.06% | -0.35% | +0.02% | -0.01% | +0.83% | +0.82% | +0.60% | +0.21% | +1.61% | -0.03% | +0.17% | -0.23% |
| 8 Avg +0.01% | +0.35% | -0.98% | +0.55% | +0.86% | +0.04% | -0.64% | -0.09% | -0.20% | +0.51% | -0.50% | -0.15% | +0.40% |
| 9 Avg -0.16% | -0.31% | -0.77% | -0.34% | +0.20% | -0.09% | -0.59% | +0.18% | -0.04% | -0.08% | -0.22% | +0.01% | +0.15% |
| 10 Avg -0.02% | -0.82% | +0.81% | -0.61% | +0.37% | +0.02% | -0.69% | +1.21% | -0.61% | +0.33% | +0.01% | +0.14% | -0.42% |
| 11 Avg 0.00% | +0.17% | -0.41% | -0.61% | +0.43% | -0.12% | -0.37% | +0.95% | -0.24% | +0.32% | -0.01% | -0.37% | +0.22% |
| 12 Avg +0.23% | +0.12% | +0.17% | -1.27% | +0.25% | -0.11% | +0.33% | -0.03% | +0.53% | +0.26% | -0.24% | +1.86% | +0.84% |
| 13 Avg -0.09% | +0.15% | -0.61% | -0.53% | +0.43% | -0.29% | -0.69% | +0.63% | +0.22% | -0.03% | -0.50% | -0.23% | +0.41% |
| 14 Avg +0.13% | +0.54% | +0.10% | -0.02% | -0.35% | +0.40% | -0.01% | -0.14% | -0.28% | +0.12% | +1.11% | -0.28% | +0.36% |
| 15 Avg +0.21% | +0.15% | +0.30% | +0.35% | -0.45% | +0.71% | +0.09% | -0.07% | -0.10% | -0.93% | +1.07% | +0.08% | +1.35% |
| 16 Avg +0.05% | +0.02% | -0.61% | -0.27% | +0.08% | -0.07% | -0.92% | -0.04% | +0.82% | +0.70% | +0.83% | -0.13% | +0.22% |
| 17 Avg +0.08% | -0.38% | -0.27% | -0.17% | +0.26% | +0.71% | 0.00% | +0.12% | -0.64% | -0.62% | +1.00% | +0.69% | +0.31% |
| 18 Avg 0.00% | -1.53% | +0.14% | -0.88% | -0.45% | +0.86% | +0.54% | +0.39% | -0.20% | +0.14% | +0.59% | +0.28% | +0.09% |
| 19 Avg -0.13% | +0.40% | -0.20% | -0.89% | +0.05% | 0.00% | +0.22% | -0.44% | -0.28% | -0.40% | -0.29% | -0.81% | +1.06% |
| 20 Avg +0.07% | +0.38% | +0.26% | -1.05% | +0.07% | +0.46% | +1.08% | -0.09% | -0.36% | +0.34% | -0.44% | -0.11% | +0.32% |
| 21 Avg -0.03% | -0.01% | -0.77% | -0.03% | -0.04% | +0.42% | -0.21% | +0.59% | +0.28% | -0.29% | -0.44% | -0.29% | +0.43% |
| 22 Avg +0.22% | +0.43% | +0.51% | +0.42% | +1.50% | -0.61% | +0.66% | -0.08% | +0.10% | -0.72% | -0.19% | +0.16% | +0.51% |
| 23 Avg -0.23% | -0.20% | -0.62% | -1.19% | -0.50% | -0.51% | +0.37% | -0.04% | -0.20% | -0.71% | +0.08% | -0.20% | +0.98% |
| 24 Avg -0.32% | +0.20% | -1.00% | +0.72% | -0.61% | -2.11% | -2.12% | +0.73% | +0.17% | -0.78% | +0.96% | +0.16% | -0.16% |
| 25 Avg +0.17% | -0.26% | +0.36% | +2.66% | +0.58% | +0.36% | -0.83% | +0.02% | -0.51% | +0.04% | -0.83% | +0.41% | 0.00% |
| 26 Avg +0.30% | -0.19% | +0.07% | +0.56% | +1.16% | -0.31% | +0.23% | +2.18% | -0.17% | -0.12% | +0.19% | -0.04% | 0.00% |
| 27 Avg -0.23% | -0.48% | -0.26% | +0.70% | -0.11% | -0.27% | -0.39% | -0.44% | +0.41% | -0.93% | -0.87% | +0.25% | -0.34% |
| 28 Avg +0.34% | +1.09% | +1.33% | -0.30% | +0.94% | +0.43% | -0.11% | +0.14% | -0.87% | +0.67% | +0.34% | -0.12% | +0.52% |
| 29 Avg +0.15% | +0.24% | - | -0.48% | +0.44% | -1.12% | +2.11% | +0.09% | -0.33% | +0.37% | -0.31% | -0.05% | +0.67% |
| 30 Avg -0.10% | -0.69% | - | +0.51% | +0.07% | +0.42% | +0.64% | -1.03% | -0.86% | -0.40% | +0.60% | -0.26% | -0.07% |
| 31 Avg -0.05% | +0.22% | - | -0.16% | - | -0.56% | - | +1.41% | -0.65% | - | -0.57% | - | -0.06% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|