Seasonality
SF seasonality — Stifel
Over the last 11 years, SF's strongest month on average has been January (+7.4%) and its weakest March (-6.4%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +7.41% | +6.51% | 90% | +15.6% | -1.5% | 10 |
| Feb | +0.05% | -1.36% | 40% | +17.9% | -15.8% | 10 |
| Mar | -6.42% | -7.13% | 20% | +4.9% | -24.2% | 10 |
| Apr | +1.65% | +1.86% | 60% | +13.1% | -9.1% | 10 |
| May | -1.75% | +0.51% | 60% | +9.9% | -12.8% | 10 |
| Jun | +0.81% | +1.71% | 50% | +10.2% | -12.7% | 10 |
| Jul | +6.96% | +6.00% | 100% | +18.8% | +1.3% | 10 |
| Aug | -0.76% | +0.21% | 50% | +4.6% | -10.7% | 10 |
| Sep | -1.71% | -1.61% | 30% | +12.0% | -13.3% | 10 |
| Oct | +3.07% | +1.78% | 50% | +19.2% | -10.8% | 10 |
| Nov | +7.22% | +6.05% | 89% | +18.5% | -2.5% | 9 |
| Dec | -0.43% | -0.32% | 50% | +13.3% | -14.2% | 10 |
Monthly returns heat map — SF
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.5 | -9.9 | -0.2 | 6.6 | -11.0 | -0.5 | 18.8 | -2.6 | -13.3 | -4.8 | 7.0 | -14.5% | |
| 2025 | 9.2 | -8.3 | -11.2 | -9.1 | 9.9 | 10.2 | 10.0 | 1.0 | -1.6 | 4.4 | 3.0 | 2.6 | +18.0% |
| 2024 | 5.5 | 4.0 | 3.0 | 2.2 | 1.3 | 4.0 | 5.4 | -0.6 | 6.5 | 10.3 | 11.8 | -8.4 | +53.4% |
| 2023 | 15.5 | -0.9 | -11.6 | 1.5 | -7.3 | 7.4 | 6.5 | 2.3 | -5.5 | -7.2 | 7.0 | 13.3 | +18.5% |
| 2022 | 6.4 | -1.9 | -7.6 | -8.9 | 3.8 | -12.7 | 6.8 | -0.8 | -12.5 | 19.2 | 3.9 | -9.2 | -17.1% |
| 2021 | 2.7 | 17.9 | 4.9 | 8.0 | 0.1 | -6.4 | 2.6 | 3.9 | -1.6 | 7.2 | -2.5 | -0.8 | +39.6% |
| 2020 | 6.7 | -15.8 | -24.2 | 7.3 | 7.8 | -0.6 | 2.2 | 4.6 | -0.3 | 15.6 | 18.5 | 9.2 | +24.8% |
| 2019 | 15.6 | 13.7 | -3.1 | 13.1 | -10.1 | 10.1 | 1.3 | -10.7 | 7.4 | -2.4 | 11.7 | -3.0 | +46.4% |
| 2018 | 13.4 | -5.4 | -7.3 | -1.6 | 0.9 | -11.1 | 5.5 | 1.3 | -8.2 | -10.8 | 5.6 | -14.2 | -30.5% |
| 2017 | 0.8 | 7.2 | -7.0 | -2.6 | -12.8 | 7.9 | 10.6 | -6.1 | 12.0 | -0.8 | 6.0 | 5.9 | +19.2% |
| 2016 | 0.2 |