Aerospace and Defense sector monthly seasonality analysis – strong March to May

The 2013 edition of the Almanac looks at the historic monthly performance of the FTSE 350 sectors. The following chart looks at the aerospace and defense sector.

The chart plots the average out-performance of the FTSE 350 aerospace and defense sector over the FTSE 100 Index since 1999. For example, since 1999 on average the aerospace and defense sector has out-performed the FTSE Index by 0.9 percentage points in January.

Observations:

  1. The strongest month for the aerospace and defense sector relative to the whole market has been March, while the weakest has been November.
  2. The sector is generally stronger in the first half of the year, after which performance tails off.

The eight stocks in the FTSE 350 Aerospace and Defense sector [NMX2710] are:

BAE Systems [BA.] Qinetiq [QQ.]
Chemring Group [CHG] Rolls-Royce [RR.]
Cobham [COB] Senior [SNR]
Meggitt [MGGT] Ultra Elec. [ULE]

 

 

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