Seasonality
NMIH seasonality — NMI Holdings, Inc.
Over the last 11 years, NMIH's strongest month on average has been October (+6.2%) and its weakest March (-6.7%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +5.44% | +6.30% | 70% | +23.2% | -6.4% | 10 |
| Feb | -1.43% | +1.00% | 60% | +9.8% | -26.9% | 10 |
| Mar | -6.70% | -2.70% | 40% | +7.5% | -50.3% | 10 |
| Apr | +1.26% | +2.48% | 70% | +16.4% | -16.3% | 10 |
| May | +3.30% | +4.37% | 60% | +20.2% | -10.3% | 10 |
| Jun | +2.51% | +3.40% | 70% | +14.5% | -10.5% | 10 |
| Jul | +4.25% | +3.25% | 60% | +28.2% | -12.4% | 10 |
| Aug | +4.77% | +4.91% | 90% | +13.9% | -8.1% | 10 |
| Sep | -0.85% | -0.30% | 50% | +14.3% | -15.8% | 10 |
| Oct | +6.21% | +7.52% | 70% | +20.7% | -6.7% | 10 |
| Nov | +1.54% | +1.95% | 67% | +17.2% | -19.3% | 9 |
| Dec | +3.24% | +1.54% | 50% | +23.8% | -8.7% | 10 |
Monthly returns heat map — NMIH
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.1 | 1.5 | -4.6 | 3.2 | -7.3 | 14.5 | 7.8 | 0.1 | -15.8 | 14.3 | -8.5 | -4.3% | |
| 2025 | 5.1 | -5.6 | -1.1 | 0.3 | 9.8 | 6.2 | -11.5 | 5.4 | -2.6 | -5.0 | 4.7 | 6.9 | +11.0% |
| 2024 | 7.5 | -5.8 | 7.5 | -4.6 | 7.5 | 2.6 | 15.6 | 4.4 | 0.3 | -6.1 | 3.4 | -8.1 | +23.9% |
| 2023 | 11.2 | 0.5 | -4.3 | 4.8 | 7.5 | 2.7 | 3.5 | 7.2 | -5.3 | 1.0 | 0.6 | 7.9 | +42.0% |
| 2022 | 13.2 | -6.5 | -10.9 | -10.9 | 1.2 | -10.5 | 13.8 | 8.4 | -0.8 | 7.7 | -1.8 | -2.9 | -4.3% |
| 2021 | -6.4 | 7.8 | 3.4 | 9.3 | -6.4 | -7.1 | -2.0 | 2.5 | 0.2 | 7.4 | -19.3 | 11.5 | -3.5% |
| 2020 | -3.8 | -26.9 | -50.3 | 16.4 | 13.7 | 4.7 | -3.5 | 10.5 | 3.8 | 20.7 | 1.9 | 3.4 | -31.7% |
| 2019 | 23.2 | 9.8 | 7.1 | 8.5 | -2.9 | 4.2 | -12.4 | 13.9 | -7.3 | 11.4 | 14.8 | -1.2 | +85.9% |
| 2018 | 7.9 | 8.2 | -16.6 | -16.3 | 20.2 | -2.1 | 28.2 | 3.4 | 4.9 | -6.7 | -7.6 | -8.7 | +5.0% |
| 2017 | 1.4 | 2.8 | 2.7 | 1.8 | -10.3 | 10.1 | 3.1 | -8.1 | 14.3 | 17.3 | 17.2 | -0.3 | +59.6% |
| 2016 | 23.8 |