ARKK Entering a Seasonal Sweet-spot

ARK Innovation ETF Tends to Perform Well From a Purely Seasonal Perspective From 5/12 - 7/21

ARKK is on our radar from a purely seasonal persepctive.

Seasonality in single stock returns captures the recurring patterns or trends observed in a stock's price throughout the year. These patterns, influenced by economic cycles, industry-specific events, and investor behavior, offer valuable insights for investors and traders. Understanding these seasonal trends aids in anticipating price movements and making informed decisions.

The Nautilus Seasonals function plays a crucial role in this analysis by computing daily seasonal composite return indices based on historical prices. These indices unveil biases associated with the calendar year, offering insights into asset price behavior over different seasonal periods.

The function's parameters and performance statistics are displayed in a chart, depicting the seasonal composite index starting at 100, alongside summary statistics for each calendar month. Additionally, forward returns from the current date are provided in a table, aiding investors in assessing potential future performance based on historical trends.