Renishaw [RSW] – monthly seasonality

On this day in 1984 Renishaw [RSW] listed on the London Stock Exchange.

The following chart plots the average monthly out-performance of the shares over the FTSE 100 Index since 1999. For example, on average Renishaw has out-performed the FTSE 100 by 2.2 percentage points in February.

Observations:

  1. Renishaw has historically been very strong in January; while its weakest month is October.
  2. Generally, Renishaw is stronger than the overall market in the first eight months of the year, and weaker in the final four.
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