Check historical price trends and seasonality for Mitie Group plc (MTO.L).
Mitie Group plc (MTO.L) average YTD return over the past 10 years is +6.96%.
Over the past 10 years, the return for the specified period (Apr 13 for 30 days) is +5.71%.
4 wins 2 losses with a win rate of 66.67%.
1) Overview:
Mitie Group plc typically experiences a bullish phase starting in February, gaining momentum through spring and peaking around June 12 with an impressive +16.3%. Following this high, the stock tends to enter a bearish phase, declining from late September into late March, with a notable dip around March 28 (-2.2%). A smaller bullish trend appears towards the end of the year, culminating on December 31 (+6.9%).
2) Buy-the-dip points:
The most pronounced dip opportunity appears around March 28, where the stock tends to decline by -2.2%. This pullback follows a period of weakness in March and could represent a strategic entry point before the strong bullish trend that typically begins in April. Another potential, albeit less pronounced, dip occurs in late November, before a smaller bullish trend in December.
3) Summary:
Based on historical seasonality, a potential investment strategy involves capitalizing on the weakness around March 28, and accumulating shares before the anticipated spring rally. Consider holding through the summer peak around June 12, taking profits, and then potentially re-entering towards the end of the year for a smaller gain into December 31. However, be mindful of the overall market conditions and company-specific news that could override these seasonal tendencies.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2023 | 2023-04-13 | 81.7000 | 2023-05-12 | 92.6000 | 10.9000 | 13.34 |
| 2022 | 2022-04-13 | 51.1000 | 2022-05-12 | 52.0000 | 0.9000 | 1.76 |
| 2021 | 2021-04-13 | 64.5000 | 2021-05-12 | 62.0000 | -2.5000 | -3.88 |
| 2018 | 2018-04-13 | 85.5600 | 2018-05-12 | 98.7548 | 13.1948 | 15.42 |
| 2017 | 2017-04-13 | 111.0734 | 2017-05-12 | 122.9281 | 11.8547 | 10.67 |
| 2016 | 2016-04-13 | 143.9574 | 2016-05-12 | 139.5763 | -4.3811 | -3.04 |
| Avg | 89.6485 | 94.6432 | 4.99 | 5.71 |
| Day \ Month | Jan Total -0.42% | Feb Total +1.55% | Mar Total -3.04% | Apr Total +6.26% | May Total +5.03% | Jun Total +0.58% | Jul Total +2.18% | Aug Total +0.71% | Sep Total -5.44% | Oct Total +1.45% | Nov Total -0.88% | Dec Total +0.67% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.09% | 0.00% | -0.72% | +0.48% | -0.42% | +0.24% | +0.82% | -0.07% | -0.15% | -0.10% | -0.48% | +0.45% | +1.01% |
| 2 Avg -0.07% | -0.16% | +0.96% | +0.33% | +0.91% | +0.02% | +0.37% | -0.40% | -0.73% | -0.68% | -1.07% | +0.16% | -0.55% |
| 3 Avg +0.16% | +0.67% | +0.29% | +0.38% | -0.46% | +1.40% | -0.03% | +0.76% | -0.02% | -0.44% | +0.29% | -0.30% | -0.64% |
| 4 Avg +0.13% | -0.05% | +0.30% | -1.03% | +0.42% | -0.10% | +0.17% | -0.15% | +0.20% | +0.41% | +0.03% | +0.68% | +0.66% |
| 5 Avg +0.01% | -0.16% | +0.54% | +0.94% | -1.02% | -0.44% | -0.72% | +0.28% | +1.08% | +0.22% | -0.31% | -0.27% | -0.05% |
| 6 Avg +0.32% | -0.07% | +0.06% | +0.43% | +0.52% | -0.23% | +1.64% | +0.83% | +0.81% | +0.48% | -0.47% | -0.28% | +0.13% |
| 7 Avg +0.10% | +0.66% | -0.60% | -1.06% | -0.20% | +0.47% | +1.60% | +0.31% | -0.28% | +0.87% | -0.44% | -0.35% | +0.20% |
| 8 Avg +0.11% | -0.19% | +0.41% | +0.22% | +0.39% | +0.79% | +0.43% | -0.11% | +0.48% | -0.43% | +0.15% | -0.95% | +0.07% |
| 9 Avg -0.13% | -0.55% | -0.35% | +0.07% | -1.41% | -0.59% | +0.44% | -0.54% | -0.20% | +0.24% | +0.11% | +1.20% | -0.01% |
| 10 Avg +0.20% | -0.34% | +0.22% | -1.39% | +0.32% | +0.27% | +0.21% | +1.12% | +0.67% | +0.69% | +0.28% | +0.91% | -0.56% |
| 11 Avg +0.10% | -0.69% | -0.17% | +1.03% | +0.20% | +0.07% | -1.31% | +0.28% | +0.18% | +0.09% | +0.61% | +1.31% | -0.41% |
| 12 Avg +0.58% | +0.59% | +0.96% | -1.09% | +1.04% | +1.35% | +1.65% | -0.06% | +0.26% | +0.35% | +0.97% | -0.29% | +1.23% |
| 13 Avg -0.28% | -0.79% | -0.73% | -1.55% | -0.39% | -0.04% | -0.86% | -0.27% | +0.48% | +0.72% | -0.25% | -0.17% | +0.53% |
| 14 Avg +0.09% | -0.28% | -0.27% | +1.32% | +0.99% | -0.15% | -0.91% | +0.29% | -0.21% | -1.08% | +1.61% | +0.26% | -0.53% |
| 15 Avg +0.09% | +0.52% | +0.38% | -0.12% | +0.40% | +0.78% | -0.09% | +0.30% | -0.14% | +0.06% | -0.71% | +0.34% | -0.69% |
| 16 Avg +0.01% | +0.22% | -0.02% | -0.81% | +0.55% | +0.67% | -0.17% | -1.08% | -0.09% | -0.12% | +1.47% | -0.48% | -0.03% |
| 17 Avg +0.35% | -0.08% | +0.35% | +1.60% | -0.09% | +0.18% | -0.42% | -0.52% | +0.19% | +0.16% | +0.64% | +1.97% | +0.23% |
| 18 Avg +0.08% | -0.93% | -0.43% | +1.61% | +1.57% | +0.03% | -0.06% | +0.12% | -0.50% | -1.18% | +0.15% | 0.00% | +0.60% |
| 19 Avg -0.60% | +0.59% | +0.21% | -2.13% | +0.63% | -1.24% | +0.45% | +0.10% | +0.41% | -2.81% | -0.71% | -1.61% | -1.11% |
| 20 Avg -0.07% | -0.02% | -0.10% | -0.74% | +0.19% | +0.89% | +0.70% | +0.31% | -0.50% | -0.88% | -0.45% | +0.07% | -0.27% |
| 21 Avg -0.50% | +0.18% | -0.30% | -0.22% | -0.50% | -0.19% | -0.73% | +0.21% | -0.46% | -0.79% | -0.93% | -2.36% | +0.15% |
| 22 Avg +0.11% | -0.14% | -0.26% | -0.08% | +0.27% | +0.36% | -0.68% | +0.44% | -0.03% | +0.15% | -0.18% | +0.64% | +0.85% |
| 23 Avg -0.04% | -0.41% | -0.48% | -1.79% | +0.98% | +0.04% | +0.19% | +0.16% | +0.10% | -0.26% | +0.59% | +0.42% | -0.02% |
| 24 Avg -0.21% | -0.54% | -0.41% | -0.02% | -1.11% | -0.01% | -1.11% | -0.24% | +0.18% | -0.07% | +0.72% | -0.36% | +0.41% |
| 25 Avg +0.15% | +0.63% | +1.25% | -1.24% | +0.11% | -0.41% | +1.77% | -0.23% | -0.34% | -0.13% | +0.06% | +0.33% | 0.00% |
| 26 Avg -0.23% | +0.07% | -0.47% | +0.03% | +0.11% | +0.48% | -1.10% | +0.61% | -0.32% | -1.71% | +0.33% | -0.78% | 0.00% |
| 27 Avg +0.20% | +0.23% | +0.59% | +0.17% | +0.18% | +0.48% | -0.58% | +1.36% | -0.34% | +0.24% | +0.36% | +0.08% | -0.42% |
| 28 Avg +0.10% | +0.57% | +0.34% | -0.63% | +0.80% | +0.52% | -0.58% | -0.44% | +0.15% | +0.46% | -0.67% | +0.24% | +0.42% |
| 29 Avg +0.03% | +0.29% | - | +1.64% | +0.88% | -0.87% | -0.37% | -1.50% | +0.26% | -0.19% | -0.25% | +0.03% | +0.38% |
| 30 Avg -0.26% | +0.16% | - | -0.72% | +0.42% | +0.04% | -0.11% | -0.27% | -0.77% | +0.28% | +0.36% | -1.75% | -0.47% |
| 31 Avg +0.17% | -0.40% | - | +1.32% | - | +0.22% | - | +0.58% | +0.32% | - | -0.36% | - | -0.46% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
