Check historical price trends and seasonality for GBPNOK (GBPNOK=X).
GBPNOK (GBPNOK=X) average YTD return over the past 10 years is +1.27%.
Over the past 10 years, the return for the specified period (Jan 18 for 7 days) is +0.13%.
5 wins 3 losses with a win rate of 62.50%.
1) Overview:
GBPNOK exhibits a clear bullish tendency throughout the year, starting with a strong upward trend from late January. This bullish phase accelerates through March and April, culminating around May 4 with an average gain of +2.5%. A bearish phase then sets in, lasting from May until mid-October, followed by a strong bullish rally from November through December, ending on December 31 with an average gain of +0.7%. The most significant bearish period occurs in August, with a notable dip around August 12, averaging -1.1%.
2) Buy-the-dip points:
Several opportunities exist to buy GBPNOK during periods of seasonal weakness. The most pronounced dip occurs in August, particularly around August 12, presenting a potential buying opportunity before a later recovery. Another pullback occurs from May to July, offering a chance to enter the market at a lower price before the bullish trend resumes in November. These pullbacks could be attributed to profit-taking after the strong gains in the first half of the year, or due to shifts in market sentiment.
3) Summary:
Based on the 10-year average seasonality, a strategic approach to investing in GBPNOK would involve accumulating positions during the weakness in August, capitalizing on the dip around August 12. Another entry point could be considered during the May-July pullback. It's crucial to consider broader market conditions and economic indicators alongside these seasonal trends to make informed investment decisions.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-01-18 | 13.3102 | 2024-01-24 | 13.3221 | 0.0119 | 0.09 |
| 2023 | 2023-01-18 | 12.1316 | 2023-01-24 | 12.1521 | 0.0205 | 0.17 |
| 2022 | 2022-01-18 | 11.8894 | 2022-01-24 | 12.0550 | 0.1656 | 1.39 |
| 2021 | 2021-01-18 | 11.6315 | 2021-01-24 | 11.5442 | -0.0873 | -0.75 |
| 2019 | 2019-01-18 | 11.0960 | 2019-01-24 | 11.2000 | 0.1040 | 0.94 |
| 2018 | 2018-01-18 | 10.8990 | 2018-01-24 | 10.9556 | 0.0566 | 0.52 |
| 2017 | 2017-01-18 | 10.4787 | 2017-01-24 | 10.4508 | -0.0279 | -0.27 |
| 2016 | 2016-01-18 | 12.6285 | 2016-01-24 | 12.4920 | -0.1365 | -1.08 |
| Avg | 11.7581 | 11.7715 | 0.01 | 0.13 |
| Day \ Month | Jan Total +0.87% | Feb Total +0.43% | Mar Total +0.36% | Apr Total +0.84% | May Total -0.23% | Jun Total -1.15% | Jul Total -0.57% | Aug Total -0.63% | Sep Total +0.36% | Oct Total +0.69% | Nov Total +1.02% | Dec Total -0.57% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.05% | 0.00% | -0.04% | +0.03% | +0.11% | +0.30% | -0.24% | -0.03% | -0.12% | +0.02% | 0.00% | +0.24% | +0.28% |
| 2 Avg +0.04% | +0.51% | 0.00% | -0.31% | +0.07% | -0.08% | 0.00% | -0.01% | +0.17% | +0.27% | -0.13% | -0.06% | +0.04% |
| 3 Avg 0.00% | -0.12% | +0.11% | -0.05% | +0.02% | +0.23% | -0.18% | -0.14% | +0.20% | -0.10% | +0.08% | +0.02% | -0.07% |
| 4 Avg -0.08% | +0.24% | -0.24% | +0.03% | -0.35% | +0.04% | +0.02% | -0.24% | -0.17% | +0.11% | -0.22% | -0.06% | -0.09% |
| 5 Avg -0.01% | +0.01% | -0.01% | +0.12% | +0.02% | -0.17% | -0.26% | -0.11% | -0.09% | +0.03% | +0.05% | -0.17% | +0.42% |
| 6 Avg +0.01% | -0.04% | -0.11% | +0.07% | +0.15% | +0.05% | -0.02% | -0.07% | -0.08% | +0.17% | -0.16% | +0.15% | +0.06% |
| 7 Avg -0.05% | -0.02% | +0.06% | -0.16% | +0.09% | -0.31% | +0.01% | +0.16% | -0.28% | -0.08% | -0.04% | -0.07% | +0.02% |
| 8 Avg +0.01% | -0.09% | +0.19% | +0.07% | -0.18% | +0.01% | +0.07% | +0.39% | +0.04% | -0.21% | +0.01% | +0.02% | -0.17% |
| 9 Avg 0.00% | -0.09% | +0.11% | +0.32% | -0.01% | -0.01% | -0.31% | +0.02% | +0.04% | +0.09% | -0.09% | -0.08% | -0.06% |
| 10 Avg +0.00% | -0.22% | -0.03% | +0.04% | -0.09% | +0.19% | +0.13% | -0.09% | -0.06% | -0.06% | +0.04% | -0.01% | +0.18% |
| 11 Avg -0.03% | -0.01% | -0.01% | -0.26% | -0.05% | -0.03% | +0.03% | +0.08% | -0.18% | -0.04% | -0.02% | +0.34% | -0.21% |
| 12 Avg -0.02% | 0.00% | +0.02% | +0.02% | +0.25% | -0.12% | +0.10% | -0.18% | -0.45% | -0.06% | +0.08% | -0.05% | +0.11% |
| 13 Avg -0.03% | -0.35% | -0.15% | +0.26% | -0.11% | -0.15% | -0.23% | +0.02% | +0.02% | +0.04% | +0.16% | -0.05% | +0.16% |
| 14 Avg +0.05% | +0.06% | +0.28% | +0.17% | +0.05% | +0.02% | +0.04% | -0.23% | +0.06% | +0.03% | +0.04% | +0.16% | -0.13% |
| 15 Avg +0.03% | -0.02% | -0.04% | -0.02% | -0.09% | -0.10% | +0.04% | +0.05% | +0.08% | +0.14% | +0.05% | +0.24% | -0.01% |
| 16 Avg -0.03% | -0.17% | -0.14% | -0.11% | +0.33% | -0.08% | -0.04% | +0.15% | +0.18% | -0.05% | +0.13% | -0.29% | -0.22% |
| 17 Avg +0.10% | +0.23% | -0.06% | +0.01% | -0.20% | -0.06% | +0.39% | +0.02% | +0.23% | +0.09% | +0.23% | +0.20% | +0.10% |
| 18 Avg +0.07% | +0.41% | +0.01% | -0.04% | +0.20% | +0.20% | -0.06% | -0.05% | 0.00% | +0.14% | +0.05% | +0.10% | -0.16% |
| 19 Avg +0.10% | +0.21% | +0.16% | +0.31% | +0.16% | +0.35% | -0.11% | -0.12% | +0.12% | -0.14% | +0.17% | +0.04% | +0.08% |
| 20 Avg -0.06% | -0.22% | -0.06% | +0.04% | +0.03% | -0.04% | +0.29% | -0.23% | -0.06% | +0.01% | -0.29% | +0.04% | -0.26% |
| 21 Avg +0.04% | +0.08% | +0.22% | -0.06% | +0.15% | -0.11% | -0.20% | -0.01% | +0.05% | +0.17% | +0.02% | +0.21% | 0.00% |
| 22 Avg -0.07% | -0.02% | +0.16% | -0.17% | -0.02% | -0.30% | -0.01% | -0.08% | -0.09% | -0.12% | +0.08% | +0.05% | -0.32% |
| 23 Avg +0.06% | +0.18% | -0.06% | +0.40% | +0.06% | -0.03% | +0.04% | +0.12% | +0.07% | -0.03% | +0.02% | -0.09% | +0.01% |
| 24 Avg -0.03% | +0.05% | -0.07% | -0.32% | -0.05% | +0.01% | -0.12% | +0.24% | -0.17% | -0.11% | +0.09% | +0.12% | -0.04% |
| 25 Avg -0.06% | +0.20% | -0.16% | -0.13% | +0.19% | -0.06% | +0.04% | -0.11% | -0.18% | -0.02% | -0.11% | -0.18% | -0.19% |
| 26 Avg +0.06% | +0.04% | +0.21% | -0.12% | +0.27% | +0.19% | +0.31% | -0.06% | +0.01% | -0.26% | +0.07% | +0.12% | -0.07% |
| 27 Avg -0.03% | +0.08% | -0.05% | -0.02% | +0.07% | -0.17% | -0.63% | +0.11% | -0.08% | +0.16% | +0.09% | +0.09% | +0.03% |
| 28 Avg 0.00% | +0.04% | +0.12% | +0.11% | -0.05% | -0.12% | -0.14% | 0.00% | -0.03% | +0.10% | +0.04% | -0.09% | 0.00% |
| 29 Avg 0.00% | -0.21% | - | 0.00% | +0.02% | 0.00% | -0.11% | -0.05% | +0.14% | -0.11% | +0.11% | +0.21% | -0.03% |
| 30 Avg -0.01% | -0.05% | - | +0.20% | -0.19% | +0.15% | -0.02% | -0.22% | -0.16% | +0.17% | +0.09% | -0.11% | 0.00% |
| 31 Avg +0.04% | +0.15% | - | -0.08% | - | -0.02% | - | +0.11% | +0.14% | - | +0.04% | - | -0.03% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
