Check historical price trends and seasonality for Newmont (NEM).
Newmont (NEM) average YTD return over the past 10 years is +28.06%.
Over the past 10 years, the return for the specified period (Mar 22 for 30 days) is +6.42%.
6 wins 2 losses with a win rate of 75.00%.
1) Overview:
Newmont (NEM) exhibits a strong bullish tendency throughout the first half of the year, starting with consistent gains in January and culminating in a peak around July 11, averaging +24.8%. Following this peak, the stock tends to consolidate with some volatility through September. A second significant bullish phase appears in October, leading to a peak on October 20 with an average gain of +29.2%, followed by another rally towards the end of December, reaching +28.0% on December 31.
2) Buy-the-dip points:
Potential pullback periods occur after the strong gains in the first half of the year, specifically around July 20, which could present a buying opportunity before the October rally. Another potential dip appears between October 21 and October 29, offering another chance to enter before the year-end rally. These pullbacks are likely due to profit-taking after significant gains, creating temporary dips before the stock resumes its upward trajectory.
3) Summary:
Based on the 10-year average seasonality, a strategic approach to investing in Newmont (NEM) would involve considering entry points during pullback periods in late July and late October. The strongest seasonal trends suggest holding the stock from these points through December 31, capitalizing on the year-end rally. However, it's crucial to consider other market factors and conduct thorough due diligence before making any investment decisions.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-03-22 | 33.7700 | 2024-04-20 | 39.0200 | 5.2500 | 15.55 |
| 2023 | 2023-03-22 | 46.6400 | 2023-04-20 | 47.8800 | 1.2400 | 2.66 |
| 2022 | 2022-03-22 | 76.0300 | 2022-04-20 | 82.5900 | 6.5600 | 8.63 |
| 2021 | 2021-03-22 | 60.8900 | 2021-04-20 | 65.8400 | 4.9500 | 8.13 |
| 2019 | 2019-03-22 | 34.5000 | 2019-04-20 | 33.0400 | -1.4600 | -4.23 |
| 2018 | 2018-03-22 | 37.6100 | 2018-04-20 | 41.3500 | 3.7400 | 9.94 |
| 2017 | 2017-03-22 | 33.8400 | 2017-04-20 | 33.6700 | -0.1700 | -0.50 |
| 2016 | 2016-03-22 | 27.3900 | 2016-04-20 | 30.4500 | 3.0600 | 11.17 |
| Avg | 43.8338 | 46.7300 | 2.90 | 6.42 |
| Day \ Month | Jan Total +3.60% | Feb Total -1.79% | Mar Total +8.83% | Apr Total +6.35% | May Total -0.16% | Jun Total +2.24% | Jul Total +2.83% | Aug Total -1.71% | Sep Total -0.86% | Oct Total -1.54% | Nov Total +1.29% | Dec Total +4.41% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.37% | 0.00% | +0.70% | +1.24% | +1.07% | -0.68% | +0.76% | +0.32% | -0.09% | +0.20% | +0.04% | +0.27% | +0.65% |
| 2 Avg +0.19% | +0.26% | -0.93% | +1.01% | +0.68% | +0.13% | +0.08% | +0.34% | -0.38% | +0.88% | +0.01% | +0.17% | -0.03% |
| 3 Avg +0.23% | +0.01% | +0.70% | +0.91% | +0.11% | +0.06% | +0.27% | +0.43% | -0.39% | -0.19% | -0.16% | +0.33% | +0.69% |
| 4 Avg +0.17% | +1.33% | -0.04% | +1.22% | -0.37% | +0.18% | -0.19% | 0.00% | +0.79% | -0.46% | -0.55% | +0.17% | -0.08% |
| 5 Avg +0.30% | +0.51% | +0.50% | +0.83% | +1.08% | +0.78% | -0.18% | +0.18% | -0.19% | -0.26% | +0.23% | +0.75% | -0.58% |
| 6 Avg +0.08% | +0.08% | -0.12% | -0.51% | +0.76% | +0.78% | +0.70% | -0.09% | +0.04% | -0.25% | +0.45% | -0.38% | -0.53% |
| 7 Avg +0.08% | +0.25% | +0.14% | +0.04% | +0.31% | +0.62% | -0.46% | +0.26% | -0.02% | +0.19% | -0.72% | -0.55% | +0.89% |
| 8 Avg -0.14% | -0.83% | +0.43% | -0.30% | +0.63% | -0.44% | -0.29% | -0.57% | +0.05% | -0.20% | +0.31% | -0.14% | -0.33% |
| 9 Avg -0.18% | -0.57% | -0.94% | -1.01% | +2.01% | -0.78% | -0.10% | +0.34% | -0.04% | -0.10% | -0.34% | -0.52% | -0.04% |
| 10 Avg +0.40% | +0.41% | +0.19% | +0.79% | +0.34% | +0.53% | +0.74% | +0.75% | -0.01% | +0.04% | +0.38% | +0.71% | -0.07% |
| 11 Avg -0.01% | -0.91% | +0.32% | -0.17% | +1.52% | -0.16% | -0.63% | +0.45% | -0.56% | -0.12% | +0.57% | -1.02% | +0.58% |
| 12 Avg +0.12% | +0.67% | +0.81% | -0.20% | -0.31% | -1.35% | +0.85% | +0.09% | +0.17% | +1.00% | +0.13% | -0.04% | -0.39% |
| 13 Avg +0.30% | +0.43% | -0.25% | +0.25% | +0.94% | +0.73% | +0.07% | -0.17% | -0.22% | -0.38% | +1.00% | -0.20% | +1.37% |
| 14 Avg -0.16% | -0.48% | +0.02% | -1.07% | -0.59% | +0.41% | -0.53% | +0.12% | -0.47% | +0.24% | +0.39% | +0.99% | -0.94% |
| 15 Avg +0.11% | +0.24% | +0.11% | +0.84% | +0.32% | +0.60% | +0.14% | -0.70% | -0.83% | +0.31% | +0.32% | +0.56% | -0.58% |
| 16 Avg +0.08% | -0.07% | -0.43% | +0.29% | +0.13% | -0.06% | +0.14% | -0.19% | +0.08% | -0.55% | +0.48% | -0.04% | +1.18% |
| 17 Avg +0.17% | -0.72% | +0.27% | +2.30% | -0.52% | +0.82% | -0.73% | +0.40% | +0.61% | +0.15% | -0.08% | -0.81% | +0.31% |
| 18 Avg -0.23% | -0.18% | +0.70% | -0.65% | -0.30% | -1.67% | -0.05% | +0.27% | -0.61% | -0.35% | +0.36% | -0.08% | -0.18% |
| 19 Avg +0.04% | -0.05% | +0.28% | -0.12% | +0.08% | +0.96% | +0.34% | -0.42% | -0.79% | +1.04% | -0.32% | +0.08% | -0.59% |
| 20 Avg +0.13% | +0.45% | +0.55% | +0.17% | -0.15% | +0.33% | +0.20% | -1.36% | +0.51% | -0.30% | +0.42% | -0.48% | +1.21% |
| 21 Avg +0.10% | -0.01% | -0.22% | +0.57% | +0.11% | -0.30% | -0.21% | +0.88% | +0.23% | +0.45% | -0.87% | +0.73% | -0.21% |
| 22 Avg -0.08% | +0.04% | -1.01% | -0.72% | -1.05% | -0.65% | +0.44% | +0.73% | +0.05% | +0.37% | +0.08% | +0.31% | +0.40% |
| 23 Avg 0.00% | +0.64% | +0.53% | +0.13% | -0.20% | -0.09% | -0.11% | -0.25% | +0.79% | -1.09% | +0.13% | -1.36% | +0.85% |
| 24 Avg +0.06% | +0.20% | -0.33% | +1.53% | +0.73% | +0.08% | +0.68% | +0.23% | -0.78% | +0.24% | -2.38% | +0.02% | +0.52% |
| 25 Avg -0.16% | +0.75% | -0.46% | +0.34% | +0.12% | -0.32% | -0.33% | -0.73% | -0.10% | -0.08% | -0.96% | -0.12% | 0.00% |
| 26 Avg +0.05% | -0.21% | -0.86% | +0.90% | -0.20% | -0.49% | +0.62% | +0.87% | -0.14% | -0.93% | +0.15% | +0.63% | +0.29% |
| 27 Avg -0.33% | -0.23% | -2.09% | +0.06% | -0.01% | -0.42% | -0.61% | -0.02% | +0.61% | -1.51% | -0.53% | +0.20% | +0.53% |
| 28 Avg +0.06% | -0.13% | -0.38% | -0.26% | +0.56% | +0.10% | -0.47% | +0.08% | +0.66% | +1.02% | -0.83% | +1.03% | -0.65% |
| 29 Avg +0.16% | +0.41% | - | +0.87% | -0.34% | -0.44% | +0.14% | +0.51% | +0.44% | -0.33% | +0.30% | -0.01% | +0.16% |
| 30 Avg -0.02% | +0.52% | - | -0.23% | -1.12% | +0.21% | +0.99% | -0.59% | -0.99% | +0.11% | +0.75% | +0.07% | +0.12% |
| 31 Avg +0.14% | +0.78% | - | -0.21% | - | +0.36% | - | +0.67% | -0.14% | - | -0.33% | - | -0.17% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
