Seasonality
M seasonality — Macy's
Over the last 11 years, M's strongest month on average has been November (+18.1%) and its weakest March (-9.6%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | -1.27% | -7.08% | 30% | +33.7% | -17.5% | 10 |
| Feb | -2.18% | -2.92% | 40% | +13.3% | -17.1% | 10 |
| Mar | -9.61% | -7.28% | 30% | +14.6% | -62.9% | 10 |
| Apr | +0.66% | -1.10% | 40% | +19.4% | -9.1% | 10 |
| May | +0.11% | +4.91% | 60% | +12.4% | -19.6% | 10 |
| Jun | +2.28% | +4.02% | 60% | +18.1% | -22.5% | 10 |
| Jul | -0.46% | +2.78% | 60% | +8.3% | -11.9% | 10 |
| Aug | -5.37% | -8.95% | 30% | +31.7% | -35.1% | 10 |
| Sep | +1.35% | +0.85% | 60% | +35.5% | -18.2% | 10 |
| Oct | +5.87% | +5.40% | 60% | +33.1% | -14.0% | 10 |
| Nov | +18.15% | +12.71% | 89% | +64.4% | -0.2% | 9 |
| Dec | +0.83% | +1.43% | 50% | +26.9% | -15.1% | 10 |
Monthly returns heat map — M
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -9.2 | -1.2 | -8.5 | 8.1 | 11.3 | 8.2 | 5.4 | -11.5 | 3.7 | 5.9 | -4.3 | +4.7% | |
| 2025 | -8.0 | -7.9 | -12.5 | -9.1 | 4.1 | -1.9 | 8.3 | 4.8 | 35.5 | 8.7 | 14.7 | -1.4 | +30.2% |
| 2024 | -9.1 | -4.7 | 14.6 | -7.8 | 5.7 | -1.4 | -10.0 | -9.9 | 0.8 | -2.2 | 5.9 | 4.2 | -15.8% |
| 2023 | 14.4 | -13.4 | -14.5 | -6.6 | -16.8 | 18.1 | 3.4 | -26.3 | -5.1 | 4.9 | 30.2 | 26.9 | -2.6% |
| 2022 | -2.2 | 1.2 | -6.0 | -0.8 | -2.1 | -22.5 | -3.7 | -1.9 | -9.5 | 33.1 | 12.7 | -12.1 | -21.1% |
| 2021 | 33.7 | 1.1 | 6.4 | 2.4 | 10.2 | 3.7 | -10.3 | 31.7 | 0.9 | 17.1 | 7.7 | -8.1 | +132.7% |
| 2020 | -6.2 | -17.1 | -62.9 | 19.4 | 8.5 | 8.2 | -11.9 | 15.0 | -18.2 | 8.9 | 64.4 | 10.2 | -33.8% |
| 2019 | -11.7 | -5.7 | -3.1 | -2.0 | -12.6 | 4.3 | 5.9 | -35.1 | 5.3 | -2.5 | 1.1 | 11.0 | -42.9% |
| 2018 | 3.0 | 13.3 | 1.1 | 4.5 | 12.4 | 7.2 | 6.1 | -8.0 | -5.0 | -1.3 | -0.2 | -13.0 | +18.2% |
| 2017 | -17.5 | 12.5 | -10.8 | -1.4 | -19.6 | -1.1 | 2.2 | -12.6 | 5.1 | -14.0 | 26.9 | 5.8 | -29.7% |
| 2016 | -15.1 |