Seasonality
PDD seasonality — PDD Holdings Inc.
Over the last 9 years, PDD's strongest month on average has been November (+13.5%) and its weakest March (-9.8%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +3.82% | -2.05% | 50% | +30.2% | -13.3% | 8 |
| Feb | -1.75% | +1.59% | 62% | +3.3% | -13.3% | 8 |
| Mar | -9.81% | -10.07% | 25% | +4.1% | -22.7% | 8 |
| Apr | +1.65% | -1.11% | 50% | +31.7% | -10.8% | 8 |
| May | +3.73% | -5.45% | 38% | +41.0% | -15.5% | 8 |
| Jun | +6.56% | +6.04% | 75% | +28.4% | -11.2% | 8 |
| Jul | +2.21% | +7.45% | 62% | +29.9% | -27.9% | 8 |
| Aug | +7.77% | +5.97% | 56% | +47.1% | -25.4% | 9 |
| Sep | +4.23% | -1.68% | 33% | +40.3% | -16.6% | 9 |
| Oct | -0.35% | +0.86% | 56% | +26.9% | -32.9% | 9 |
| Nov | +13.53% | +9.01% | 50% | +54.3% | -25.2% | 8 |
| Dec | +1.92% | -0.68% | 38% | +28.0% | -12.3% | 8 |
Monthly returns heat map — PDD
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.9 | 2.6 | -1.5 | -2.2 | -15.5 | -9.7 | 16.1 | -5.2 | -7.2 | 0.9 | 5.6 | -26.8% | |
| 2025 | 15.4 | 1.6 | 4.1 | -10.8 | -8.6 | 8.4 | 8.4 | 6.0 | 9.9 | 2.0 | -13.9 | -2.3 | +16.9% |
| 2024 | -13.3 | -1.8 | -6.7 | 7.7 | 19.6 | -11.2 | -3.0 | -25.4 | 40.3 | -10.6 | -19.9 | 0.5 | -33.7% |
| 2023 | 20.1 | -10.5 | -13.5 | -10.2 | -4.2 | 5.8 | 29.9 | 10.2 | -0.9 | 3.4 | 45.4 | -0.8 | +79.4% |
| 2022 | 2.6 | -13.3 | -22.7 | 7.4 | 16.9 | 22.7 | -20.7 | 45.5 | -12.2 | -12.4 | 49.6 | -0.6 | +39.9% |
| 2021 | -6.7 | 3.3 | -21.8 | 0.0 | -6.8 | 1.7 | -27.9 | 9.2 | -9.3 | -1.9 | -25.2 | -12.3 | -67.2% |
| 2020 | -6.9 | 1.6 | 0.7 | 31.7 | 41.0 | 28.4 | 6.9 | -3.1 | -16.6 | 21.4 | 54.3 | 28.0 | +369.8% |
| 2019 | 30.2 | 2.5 | -17.2 | -10.4 | -12.6 | 6.2 | 8.0 | 47.1 | -1.7 | 26.9 | -12.1 | 5.2 | +68.5% |
| 2018 | -14.3 | 35.9 | -32.9 | 30.1 | -2.3 |