The takeaway
Cion Investment Corp shows a pronounced seasonal pattern over 5 years of data — strongest in November (+9.3%) and softest in April (−6.7%).
Right now
In July, the stock has risen 75% of years, averaging +3.0%, about +0.9 pts better than the S&P 500.
The full picture
Cion Investment Corp's most dependable month has been November, higher in 5 of 5 years; April has been its least reliable, up just 25% of the time.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Win rate % | ||||||||||||
| Median return % | ||||||||||||
| 2025 | ||||||||||||
| 2024 | ||||||||||||
| 2023 | ||||||||||||
| 2022 | ||||||||||||
| 2021 | — | — | — | — | — | — | — | — | — |
Month by month
The stock's clearest edge over the S&P 500 lands in November (+7.0 pts); it has trailed the market most in April (−8.3 pts).
“vs S&P” is Cion Investment Corp’s average for a month minus the S&P 500’s average for that same month — isolating Cion Investment Corp’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, November has closed higher 100% of the time versus 100% across the last 5 years — the pattern is holding.
Figures are the typical (median) November return and how often it rose — the last 5 years versus the last 5(the heatmap’s default window). This verdict stays anchored to that 5-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Dependability is the through-line here. November stands out, higher in all 5 Novembers, but it heads a clutch of months that pull the year reliably upward.
Its average (+9.3%) and median (+10.6%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. Crucially, the gain is the stock's own rather than a rising tide's: November has cleared the S&P 500 by +7.0 points above the index. That consistency sets it apart from the field, where the average stock manages November only about 62% of the time.
The strength clusters rather than stands alone — November–January forms a firm stretch that carries much of the year. On the other side of the ledger, April has been the soft spot — the weakest of 3 months that average a loss (−6.7%), and the edge isn't year-round — the stock has trailed the S&P 500 in April, September, and June. Its roughest month on record was a −20.7% April in 2022 — a reminder of how hard even a seasonal name can fall.
November has now closed higher 5 years running.
The takeaway is less about when to buy than what to expect: November aside, the stock's months offer little reliable tilt. With a short 5-year record, the signal is best held loosely.
Short answers on the stock's best month (November), its worst (April), and whether it really trades seasonally.
Yes, to a pronounced degree. Since 2021 its best month (November, +9.3%) has run well ahead of its worst (April, −6.7%) — the heatmap above shows how steady that gap has been year to year.
November has been the strongest, averaging +9.3% and closing higher in all 5 years on record since 2021.
It's the weakest, averaging −6.7% — historically a soft spot, though it still varies from year to year.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade