On this day in 1948 Reed Elsevier listed on the LSE.
Monthly seasonality of Reed Elsevier
The following chart plots the average monthly out-performance of the shares over the FTSE 100 Index since 1988. For example, on average Reed Elsevier has out-performed the FTSE 100 by 2.2 percentage points in February.
Observations:
- The strongest month for Reed Elsevier shares relative to the market has been February (the shares have out-performed the market in this month in 18 of the last 25 years).
- The weakest month for Reed Elsevier relative to the market has been April (the shares have only out-performed the market in this month in 10 of the past 24 years).
Reed Elsevier is in the FTSE 350 Media [NMX5550] sector.