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Guide · Calendar

Does Seasonal Timing work?

Across 375 stocks, Seasonal Timing cut the worst fall on 87%, beat buying and holding on risk-adjusted return on 25% and on raw return on 23%. Mainly a seatbelt: it softened the big falls on most stocks, but usually gave up return to do it.

Cut the worst fall87%328 of 375 stock tests: a smaller peak-to-trough loss than holding.
Beat holding, risk-adjusted25%95 of 375: a higher Sharpe ratio than buy and hold.
Beat holding on return23%88 of 375: more money than buy and hold, after costs.
Calls right54%Of 13,320 finished calls, in before a rise or out before a fall.
Switches a year2.0Median trades per stock per year. More switching, more cost.
Time in the market51%Median share of days holding rather than in cash.

What it predicts

Enter around October 16 and exit around April 20, but let MACD shift each date: wait for a buy signal if it isn't on one, and hold for a sell signal if it isn't.

  • From October 16, in on the first day MACD is above its signal line.
  • From April 20, out on the first day MACD is below it.

Calendar plays bet that some parts of the year and month have been reliably stronger than others. The family guide

How to use it

  • It trades rarely (about 2.0 switches a year), so it suits someone who checks in occasionally, and a single bad call can last months.
  • It worked best on Micro caps (50% beat holding on risk-adjusted return) and worst on Big tech (0%).
  • Use it as one input. Your signal combines the plays you count with the other factors you weight into one call.

When it worked

Seasonal Timing did best against holding in the 2008 crash (+22% median gap) and worst in the 2020–21 rally (−23%). Median gap in return against holding the same stock (per year over stretches longer than 18 months; crypto excluded).

2008 crashRecovery 2009⁠–⁠19COVID drop2020–21 rally2022 bearSince Oct 2022
Seasonal Timing+22%−5%0%−23%+19%−8%

Where it worked

By kind of stock: how often it beat holding on risk-adjusted return, and the median Sharpe ratio gap.

GroupBeat holding, risk-adjustedSharpe gap
Micro caps50%+0.03
Metals & mining37%-0.03
Real estate32%-0.09
Semiconductors30%-0.05
Media & telecom30%-0.08
Industrials & materials29%-0.06
Consumer & retail26%-0.11
Energy & power24%-0.08
Healthcare22%-0.11
Industrials & rentals22%-0.12
Sectors17%-0.07
Software & devices15%-0.15
Indexes & ETFs14%-0.04
Financials12%-0.15
Big tech0%-0.29

Where it helped most

Sharpe ratio gap against holding, stocks with 3+ years of history

  1. NPCE NeuroPace+0.36
  2. TFPM Triple Flag Precious Metals+0.36
  3. HTZ Hertz+0.35
  4. QUTX Quantum X+0.20
  5. DML Denison Mines+0.15
  6. CCA Cogeco Communications+0.15

Where it hurt most

Sharpe ratio gap against holding, stocks with 3+ years of history

  1. FLNC Fluence Energy-0.68
  2. PLTR Palantir-0.66
  3. VZLA Vizsla Silver-0.63
  4. OPTT Ocean Power Technologies-0.63
  5. LSPD Lightspeed Commerce-0.59
  6. RKLB Rocket Lab-0.58

Right now

Seasonal Timing holds 0 of 377 names as of the Oct 13, 2026 close.

No changes of call in the last two weeks.

What it says on every stock

Backtest results since 2005 (or as long as each stock has traded), against holding the same stock over the same dates, after 0.05% per switch. Past results don't promise future ones. This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision.

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