Seasonality
MAC seasonality — Macerich
Over the last 11 years, MAC's strongest month on average has been November (+12.1%) and its weakest March (-10.8%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +5.89% | +2.44% | 60% | +47.1% | -17.1% | 10 |
| Feb | -6.40% | -7.98% | 20% | +8.1% | -17.7% | 10 |
| Mar | -10.84% | -4.89% | 20% | +5.0% | -72.4% | 10 |
| Apr | -0.24% | -4.41% | 40% | +32.7% | -20.1% | 10 |
| May | -0.04% | -3.48% | 40% | +15.4% | -9.5% | 10 |
| Jun | +4.69% | +2.14% | 70% | +31.7% | -25.9% | 10 |
| Jul | +2.03% | +2.93% | 60% | +21.8% | -14.9% | 10 |
| Aug | -3.04% | -4.30% | 30% | +10.1% | -13.7% | 10 |
| Sep | -2.34% | -3.75% | 30% | +14.2% | -17.0% | 10 |
| Oct | +2.54% | +0.92% | 50% | +40.2% | -12.9% | 10 |
| Nov | +12.07% | +13.42% | 78% | +43.7% | -2.6% | 9 |
| Dec | +1.36% | +0.70% | 50% | +34.5% | -13.9% | 10 |
Monthly returns heat map — MAC
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.5 | 8.1 | -7.7 | 15.0 | 3.6 | 11.9 | 2.6 | -8.6 | -5.3 | 8.9 | 2.0 | +34.6% | |
| 2025 | 4.3 | -13.2 | -4.8 | -14.6 | 10.4 | 0.0 | 3.3 | 10.1 | -1.1 | -5.8 | 1.2 | 6.3 | -7.3% |
| 2024 | 2.3 | 3.9 | 5.0 | -20.1 | 9.9 | 2.1 | 3.7 | -0.2 | 14.2 | 2.5 | 13.4 | -6.1 | +29.1% |
| 2023 | 22.0 | -13.0 | -11.3 | -5.8 | -3.5 | 16.9 | 13.1 | -8.3 | -6.7 | -10.9 | 18.0 | 34.5 | +37.0% |
| 2022 | -4.3 | -7.5 | 2.2 | -19.8 | -6.4 | -25.9 | 21.8 | -9.8 | -17.0 | 40.2 | 14.1 | -11.3 | -34.8% |
| 2021 | 47.1 | -17.7 | -9.4 | 17.9 | 15.4 | 14.7 | -10.7 | 4.8 | -2.2 | 8.3 | 4.3 | -8.4 | +62.0% |
| 2020 | -17.1 | -8.5 | -72.4 | 32.7 | -8.8 | 31.7 | -14.9 | 3.9 | -14.4 | 2.5 | 43.7 | 6.7 | -60.4% |
| 2019 | 6.7 | -5.5 | -0.6 | -7.4 | -9.5 | -7.8 | -1.3 | -13.7 | 10.7 | -12.9 | -2.1 | -0.0 | -37.8% |
| 2018 | -1.7 | -8.7 | -5.0 | 2.9 | -3.5 | 2.2 | 3.9 | -0.5 | -5.9 | -6.6 | -2.6 | -13.9 | -34.1% |
| 2017 | -3.0 | -1.9 | -4.4 | -3.1 | -8.0 | 1.1 | -1.1 | -8.1 | 4.2 | -0.7 | 18.6 | 1.4 | -7.3% |
| 2016 | 4.3 |