The takeaway
Matthews International Corporation shows a pronounced seasonal pattern over 10 years of data — strongest in November (+8.0%) and softest in February (−3.8%).
Right now
In July, the stock has risen 50% of years, averaging +3.2%, about +1.1 pts better than the S&P 500.
The full picture
Matthews International Corporation's most dependable month has been November, higher in 6 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 November (+5.6 pts); it has trailed the market most in February (−3.6 pts).
“vs S&P” is Matthews International Corporation’s average for a month minus the S&P 500’s average for that same month — isolating Matthews International Corporation’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, November has closed higher 60% of the time versus 60% across the last 10 years — the pattern is holding.
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
November looks the standout, up in 6 of 10 Novembers — yet the appeal is lumpy, leaning on the occasional blow-out year rather than dependable strength.
The headline flatters a touch — its +8.0% average sits well above the +3.5% a typical year delivers, the work of a few big Novembers. That reliability comes with real swings, mind — even November ranges by 12.9% from year to year, so any single year can land far from the average. Crucially, the gain is the stock's own rather than a rising tide's: November has cleared the S&P 500 by +5.6 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.
A few other months pull their weight: April and December have also closed higher more often than not. At the other end of the calendar, February has been the soft spot — the weakest of 6 months that average a loss (−3.8%), and the edge isn't year-round — the stock has trailed the S&P 500 in February, March, and August. Its roughest month on record was a −19.6% March in 2020 — a reminder of how hard even a seasonal name can fall.
Reassuringly, the tendency has held its shape: the recent five years still track the years behind them.
Hold it loosely, then: the November tendency is genuine but lumpy, more about the occasional outsized year than a gain to bank on.
Short answers on the stock's best month (November), its worst (February), and whether it really trades seasonally.
Yes, to a pronounced degree. Since 2016 its best month (November, +8.0%) has run well ahead of its worst (February, −3.8%) — the heatmap above shows how steady that gap has been year to year.
November has been the strongest, averaging +8.0% and closing higher in 6 of 10 years since 2016.
It's the weakest, averaging −3.8% — 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