Check historical price trends and seasonality for Western Alliance Bancorporation (WAL).
Western Alliance Bancorporation (WAL) average YTD return over the past 10 years is +14.43%.
Over the past 10 years, the return for the specified period (Jun 29 for 30 days) is +8.14%.
6 wins 1 losses with a win rate of 85.71%.
1) Overview:
Western Alliance Bancorporation (WAL) tends to experience a bearish phase starting in March, bottoming out around April 6 with an average decline of -10.4%. Following this low point, the stock generally recovers and enters a bullish phase that extends through the end of the year. This bullish trend culminates in significant gains around December 26 and December 31, averaging +15.0% and +14.4% respectively.
2) Buy-the-dip points:
A significant buying opportunity appears around April 6, when the stock typically experiences its lowest point, declining by -10.4% on average. This pullback represents a chance to capitalize on the subsequent recovery. Another potential, albeit less pronounced, buying opportunity may arise in late May as the stock continues to trade negatively.
3) Summary:
Seasonality suggests a strategic approach to WAL involves buying during the weakness in April, specifically around April 6, to benefit from the strong year-end rally. Investors should be aware of the potential for negative movement through late May before the stock begins to recover. The substantial gains typically seen around December 26 and December 31, averaging +15.0% and +14.4% respectively, make this a potentially lucrative strategy.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2023 | 2023-06-29 | 36.9800 | 2023-07-28 | 52.6000 | 15.6200 | 42.24 |
| 2022 | 2022-06-29 | 72.6500 | 2022-07-28 | 76.1000 | 3.4500 | 4.75 |
| 2021 | 2021-06-29 | 92.3500 | 2021-07-28 | 94.2900 | 1.9400 | 2.10 |
| 2020 | 2020-06-29 | 36.6200 | 2020-07-28 | 36.1000 | -0.5200 | -1.42 |
| 2018 | 2018-06-29 | 56.6100 | 2018-07-28 | 56.9500 | 0.3400 | 0.60 |
| 2017 | 2017-06-29 | 49.4100 | 2017-07-28 | 50.0500 | 0.6400 | 1.30 |
| 2016 | 2016-06-29 | 32.2900 | 2016-07-28 | 34.6800 | 2.3900 | 7.40 |
| Avg | 53.8443 | 57.2529 | 3.41 | 8.14 |
| Day \ Month | Jan Total +3.95% | Feb Total -0.08% | Mar Total -9.09% | Apr Total +3.74% | May Total +2.81% | Jun Total -0.52% | Jul Total +8.57% | Aug Total +1.60% | Sep Total -0.54% | Oct Total +1.09% | Nov Total +9.63% | Dec Total +1.41% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg +0.05% | 0.00% | +0.11% | +0.52% | -0.69% | -0.16% | +0.47% | +0.16% | -1.39% | +0.14% | -0.60% | +1.09% | +0.92% |
| 2 Avg +0.10% | +0.03% | +0.34% | +0.25% | +0.04% | -0.82% | +1.11% | +0.48% | -0.92% | +0.25% | -0.25% | +0.55% | +0.10% |
| 3 Avg -0.09% | -0.17% | -0.60% | -0.72% | -1.88% | 0.00% | +0.51% | +0.61% | +0.56% | -0.46% | -0.07% | +1.24% | -0.12% |
| 4 Avg -0.13% | +1.00% | +0.85% | -1.10% | -0.79% | -3.31% | +0.74% | 0.00% | +0.08% | +0.64% | +1.23% | -0.74% | -0.21% |
| 5 Avg +0.37% | +0.06% | -0.61% | +0.83% | -2.11% | +4.10% | +0.42% | -0.26% | +1.20% | -0.26% | +0.70% | +1.01% | -0.65% |
| 6 Avg +0.02% | +1.73% | -0.37% | -1.12% | +0.32% | -0.53% | +1.20% | -0.32% | +0.09% | -1.42% | -0.24% | +0.75% | +0.20% |
| 7 Avg -0.02% | -0.54% | +0.31% | -1.72% | +0.29% | +0.14% | +0.40% | +0.39% | +0.38% | -0.38% | +0.21% | +0.06% | +0.27% |
| 8 Avg +0.06% | -0.15% | -0.64% | -0.13% | +0.44% | +1.14% | +0.64% | -0.39% | +0.30% | -0.34% | -0.47% | -0.21% | +0.50% |
| 9 Avg +0.13% | +0.35% | +0.62% | -2.54% | +1.76% | -0.28% | -1.21% | +0.61% | -0.38% | +0.82% | +0.18% | +2.16% | -0.52% |
| 10 Avg -0.18% | -0.04% | -0.48% | -1.96% | -1.25% | +0.08% | -1.73% | +0.57% | +0.65% | -0.20% | -0.14% | +1.94% | +0.44% |
| 11 Avg -0.06% | +0.95% | +0.09% | -0.64% | +0.78% | -1.30% | -1.58% | +0.40% | +0.58% | +0.31% | -0.45% | +0.46% | -0.26% |
| 12 Avg +0.17% | -0.26% | +0.78% | -0.57% | +0.13% | -0.25% | +0.91% | +0.82% | +0.12% | +0.27% | -0.23% | -0.25% | +0.60% |
| 13 Avg -0.48% | +0.10% | -0.04% | -3.77% | -0.56% | -0.69% | -0.58% | -0.14% | +0.06% | -0.05% | +0.07% | -0.19% | +0.05% |
| 14 Avg +0.20% | +1.18% | +0.69% | +1.05% | -0.19% | +0.62% | -1.29% | -0.76% | -0.16% | +0.22% | +0.33% | +0.43% | +0.25% |
| 15 Avg +0.31% | 0.00% | +1.05% | +0.93% | -0.69% | +1.08% | +0.15% | +1.17% | -0.29% | -0.06% | +0.24% | +0.34% | -0.19% |
| 16 Avg +0.03% | +0.28% | +0.20% | -0.45% | +0.18% | +0.25% | -0.18% | +0.41% | +0.43% | -0.35% | -0.40% | +0.02% | -0.08% |
| 17 Avg -0.01% | +0.05% | -0.10% | -0.97% | +1.83% | +0.72% | -1.00% | +0.32% | -0.81% | +0.01% | +1.10% | -0.76% | -0.52% |
| 18 Avg -0.13% | -0.25% | -0.06% | -1.06% | -0.43% | +1.38% | +0.13% | +0.55% | -0.27% | +0.33% | -0.69% | -0.73% | -0.51% |
| 19 Avg +0.56% | -0.06% | +1.10% | +2.48% | +3.86% | -1.54% | -0.28% | +1.69% | -0.46% | +0.87% | -1.23% | +0.25% | +0.07% |
| 20 Avg +0.00% | +0.66% | -0.50% | -1.27% | +0.14% | +0.61% | -0.08% | +1.30% | -0.30% | -0.15% | +0.20% | -0.22% | -0.34% |
| 21 Avg +0.04% | -0.46% | -1.25% | +0.83% | -0.36% | -0.19% | +0.20% | +0.36% | +0.03% | -0.47% | +0.30% | +0.59% | +0.95% |
| 22 Avg +0.06% | +0.60% | +0.30% | -1.75% | -0.32% | +0.73% | -0.35% | -0.25% | +0.26% | -0.73% | +1.09% | +0.91% | +0.29% |
| 23 Avg +0.31% | +0.05% | -0.09% | -1.58% | +2.63% | -0.36% | +0.18% | +1.08% | +0.88% | +0.23% | -0.01% | +0.34% | +0.32% |
| 24 Avg +0.28% | +0.37% | -0.16% | +2.00% | +0.58% | -0.11% | -0.59% | +0.30% | +0.72% | -0.46% | +0.39% | +0.50% | -0.24% |
| 25 Avg +0.12% | +0.05% | -0.20% | +0.64% | -0.54% | +0.19% | +0.28% | -0.07% | +0.28% | +0.29% | -0.04% | +0.54% | 0.00% |
| 26 Avg +0.32% | +0.55% | -0.34% | +2.04% | -0.02% | +1.58% | +0.25% | +1.06% | -0.76% | -0.55% | +0.04% | -0.56% | +0.58% |
| 27 Avg +0.06% | +0.22% | -0.19% | -0.47% | +1.27% | +1.96% | -0.47% | -0.77% | +0.55% | +0.24% | -1.20% | -0.16% | -0.21% |
| 28 Avg -0.03% | -1.20% | -0.90% | +0.04% | +0.06% | -0.62% | +0.66% | +0.24% | +0.10% | +0.88% | +0.50% | -0.18% | 0.00% |
| 29 Avg +0.16% | +0.08% | - | +0.54% | +0.42% | -0.68% | +0.47% | -0.03% | +0.42% | -0.36% | +0.11% | +0.89% | -0.11% |
| 30 Avg -0.13% | -0.75% | - | +1.39% | -1.18% | -0.37% | +0.09% | -0.50% | 0.00% | +0.20% | +0.23% | -0.45% | -0.05% |
| 31 Avg -0.37% | -0.45% | - | -0.81% | - | -0.57% | - | -0.47% | -0.38% | - | +0.19% | - | -0.12% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
