The takeaway
H2O America shows a moderate seasonal pattern over 10 years of data — strongest in November (+3.7%) and softest in February (−3.0%).
Right now
In July, the stock has risen 70% of years, averaging +3.0%, about +0.8 pts better than the S&P 500.
The full picture
H2O America's most dependable month has been November, higher in 7 of 10 years; February has been its least reliable, up just 30% of the time.
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Month by month
The stock's clearest edge over the S&P 500 lands in October (+3.1 pts); it has trailed the market most in February (−2.8 pts).
“vs S&P” is H2O America’s average for a month minus the S&P 500’s average for that same month — isolating H2O America’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, November has closed higher 80% of the time versus 70% across the last 10 years — the pattern is strengthening.
Figures are the typical (median) November return and how often it rose — the last 5 years versus the last 10(the heatmap’s default window). This verdict stays anchored to that 10-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 7 of 10 Novembers, but it heads a clutch of months that pull the year reliably upward.
Its average (+3.7%) and median (+3.8%) 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 +1.3 points above the index. Some of that is a strong month market-wide, mind — November rises for about 62% of stocks — so the tendency is real if not unique.
The strength clusters rather than stands alone — October–December forms a firm stretch that carries much of the year. At the other end of the calendar, February has been the soft spot — the weakest of 3 months that average a loss (−3.0%), and the edge isn't year-round — the stock has trailed the S&P 500 in February, September, and March. Its roughest month on record was a −17.7% April in 2022 — a reminder of how hard even a seasonal name can fall.
If anything it has sharpened recently — the last five Novembers run ahead of the earlier years.
The takeaway is less about when to buy than what to expect: November aside, the stock's months offer little reliable tilt.
Short answers on the stock's best month (November), its worst (February), and whether it really trades seasonally.
Yes, to a moderate degree. Since 2016 its best month (November, +3.7%) has run well ahead of its worst (February, −3.0%) — the heatmap above shows how steady that gap has been year to year.
November has been the strongest, averaging +3.7% and closing higher in 7 of 10 years since 2016.
It's the weakest, averaging −3.0% — 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