Check historical price trends and seasonality for Devon Energy (DVN).
Devon Energy (DVN) average YTD return over the past 10 years is +14.00%.
Over the past 10 years, the return for the specified period (Jan 16 for 60 days) is -14.91%.
2 wins 3 losses with a win rate of 40.00%.
1) Overview:
Devon Energy exhibits a strong bullish tendency towards the end of the year, starting with a rally in October and peaking around December 31 with an average gain of +13.9%. Before this, the stock experiences a bearish phase in March, bottoming out around March 16 with an average loss of -3.8%. The period between April and September shows a general upward trend, although with some volatility, leading into the significant year-end rally.
2) Buy-the-dip points:
The most prominent buy-the-dip opportunity appears in March, particularly around March 16, following the period of negative average returns. This pullback could be considered a seasonal buying opportunity, anticipating the subsequent recovery and eventual rally into the year-end. Another potential, albeit less pronounced, dip occurs in early February.
3) Summary:
Based on the 10-year average seasonality, a potential investment strategy for Devon Energy could involve accumulating shares in March, capitalizing on the seasonal weakness. Given the significant rally into the end of the year, consider holding through November 24, where the average gain is +15.8%, or even until December 31, where the average gain is +13.9%, to maximize potential returns. However, remember that past performance does not guarantee future results, and other factors should be considered.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2025 | 2025-01-16 | 38.4200 | 2025-03-16 | 34.5500 | -3.8700 | -10.07 |
| 2024 | 2024-01-16 | 41.6800 | 2024-03-15 | 47.6200 | 5.9400 | 14.25 |
| 2020 | 2020-01-16 | 26.4400 | 2020-03-15 | 8.7000 | -17.7400 | -67.10 |
| 2019 | 2019-01-16 | 25.8900 | 2019-03-16 | 29.6400 | 3.7500 | 14.48 |
| 2018 | 2018-01-16 | 43.2600 | 2018-03-16 | 31.9600 | -11.3000 | -26.12 |
| Avg | 35.1380 | 30.4940 | -4.64 | -14.91 |
| Day \ Month | Jan Total +1.13% | Feb Total -3.71% | Mar Total -0.56% | Apr Total +9.83% | May Total -0.87% | Jun Total +1.39% | Jul Total +2.09% | Aug Total +1.47% | Sep Total -0.67% | Oct Total -2.52% | Nov Total +7.41% | Dec Total -0.22% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.16% | 0.00% | -0.01% | +0.52% | +0.68% | -1.17% | +2.61% | +0.85% | -2.75% | -0.09% | -0.09% | +1.42% | -0.08% |
| 2 Avg +0.14% | +0.75% | -1.04% | +1.36% | +1.14% | -0.25% | +1.08% | -0.44% | -1.28% | +0.69% | -0.57% | -0.24% | +0.51% |
| 3 Avg +0.50% | +0.84% | +1.34% | -0.32% | +0.51% | -0.03% | +0.28% | +0.47% | -0.06% | -0.94% | +1.77% | +1.18% | +0.95% |
| 4 Avg +0.34% | +1.30% | +0.51% | +1.14% | -1.25% | -0.02% | -0.04% | 0.00% | +0.24% | +0.24% | +0.18% | +1.09% | +0.67% |
| 5 Avg +0.38% | +1.27% | -0.76% | +0.79% | +0.05% | +0.89% | +0.98% | -1.60% | +1.44% | -0.01% | +1.38% | +0.95% | -0.87% |
| 6 Avg -0.10% | +0.31% | -0.78% | -1.77% | +1.02% | +0.86% | +1.76% | -0.86% | +0.29% | -0.46% | -0.59% | -0.25% | -0.76% |
| 7 Avg -0.04% | +0.16% | -1.03% | +0.08% | -0.20% | +0.62% | -0.01% | -0.46% | +0.11% | -0.52% | -0.36% | +0.94% | +0.18% |
| 8 Avg -0.01% | -0.29% | -0.80% | -2.30% | +0.85% | +1.65% | +0.36% | +1.04% | +0.90% | -1.17% | -0.15% | -0.57% | +0.30% |
| 9 Avg -0.39% | -0.38% | -0.46% | -3.62% | +1.57% | -1.50% | -0.68% | -0.19% | -0.23% | +0.06% | +0.49% | +1.45% | -1.17% |
| 10 Avg +0.13% | -0.05% | +0.85% | +0.37% | 0.00% | +0.70% | -1.41% | +0.65% | +0.90% | -0.82% | -0.84% | +0.53% | +0.63% |
| 11 Avg +0.12% | +0.12% | +0.50% | +0.93% | -0.20% | -0.15% | -0.76% | +0.09% | +0.84% | +0.13% | -0.35% | +0.34% | -0.09% |
| 12 Avg +0.22% | +0.34% | +1.16% | -1.06% | +1.23% | +0.28% | -0.01% | +0.54% | +0.55% | +0.40% | -0.02% | -1.07% | +0.25% |
| 13 Avg -0.02% | -0.46% | +0.01% | +1.89% | +0.26% | -0.72% | +0.38% | +0.05% | -0.89% | -0.38% | +0.49% | -0.12% | -0.69% |
| 14 Avg -0.24% | +1.60% | +0.21% | -1.07% | -0.05% | +1.03% | -1.03% | -1.00% | -0.52% | +0.03% | -1.08% | +0.18% | -1.16% |
| 15 Avg -0.37% | -0.49% | -1.09% | -0.91% | -1.00% | +0.22% | -0.58% | -0.04% | -0.97% | +0.05% | -0.36% | +0.94% | -0.23% |
| 16 Avg -0.21% | -0.55% | +0.31% | -0.73% | -0.63% | +0.34% | -0.72% | -0.90% | 0.00% | +1.83% | -0.48% | -0.39% | -0.63% |
| 17 Avg +0.02% | -0.25% | -0.18% | +0.11% | +1.80% | +1.06% | -1.19% | -0.39% | -0.19% | -0.37% | -0.51% | +0.06% | +0.24% |
| 18 Avg -0.19% | +0.06% | -1.16% | -1.67% | +0.99% | +0.02% | +0.13% | +0.46% | +0.52% | -0.18% | -0.50% | +0.05% | -0.99% |
| 19 Avg +0.10% | -0.41% | +0.59% | +2.31% | +0.07% | -0.68% | -0.02% | +0.62% | -0.18% | -0.55% | +0.12% | -0.58% | -0.16% |
| 20 Avg -0.09% | -0.74% | +0.85% | -0.01% | -0.07% | -0.02% | +0.83% | +0.28% | -0.27% | -0.53% | +0.10% | -1.01% | -0.44% |
| 21 Avg +0.12% | -0.76% | -1.69% | +1.53% | -1.13% | +0.12% | +0.86% | +1.03% | -0.02% | -0.20% | -0.25% | +0.86% | +1.11% |
| 22 Avg +0.10% | +0.25% | +0.24% | -1.32% | +1.67% | -1.19% | -0.55% | -0.47% | +0.26% | +0.42% | +1.33% | +0.54% | +0.05% |
| 23 Avg +0.04% | -0.09% | +0.27% | -1.03% | +0.96% | -0.61% | -0.70% | -0.42% | +0.94% | -1.01% | -0.05% | +1.01% | +1.17% |
| 24 Avg +0.14% | +0.28% | -0.74% | +2.64% | -0.13% | -0.14% | -1.49% | +0.05% | +0.83% | +0.41% | -0.63% | +1.08% | -0.47% |
| 25 Avg -0.12% | -0.43% | -1.04% | +0.12% | -0.73% | -0.28% | -0.04% | +0.36% | +1.09% | +0.11% | -0.07% | -0.56% | 0.00% |
| 26 Avg +0.10% | +1.00% | -0.17% | +0.86% | +0.18% | +0.56% | -0.02% | +0.51% | -0.53% | -1.14% | -0.43% | -0.64% | +1.00% |
| 27 Avg -0.05% | -0.73% | -0.25% | -1.45% | +1.00% | +0.52% | 0.00% | -0.54% | +0.42% | +1.05% | -0.40% | -0.69% | +0.43% |
| 28 Avg +0.32% | +0.54% | +0.64% | -0.15% | +1.47% | -0.80% | +0.83% | +0.67% | +0.53% | +2.65% | -1.47% | -0.27% | -0.86% |
| 29 Avg +0.24% | -0.15% | - | +0.46% | +0.85% | -0.83% | +0.26% | +1.44% | +0.91% | -0.15% | -0.04% | +0.08% | -0.18% |
| 30 Avg -0.11% | -0.64% | - | +0.28% | -1.07% | -0.93% | +0.27% | -0.14% | -1.01% | -0.24% | +0.41% | +1.11% | +0.78% |
| 31 Avg +0.07% | -1.26% | - | +1.44% | - | -0.41% | - | +0.42% | -0.42% | - | +0.46% | - | +0.28% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|