Electricity sector monthly seasonality analysis

The 2013 edition of the Almanac looks at the historic monthly performance of the FTSE 350 sectors. Here we look at the Electricity sector.

The following chart plots the average out-performance of the FTSE 350 Electricity sector over the FTSE 100 Index by month since 1999. For example, since 1999 on average the Electricity sector has out-performed the FTSE 100 Index by 2.9 percentage points in May.

Observations:

  1. The strongest months of the year relative to the market for the sector have been May and September, the sector has only under-performed the market in two years since 1999 in May.
  2. The sector has been relatively weak in October, the the sector has only out-performed the market in four years since 1999 in October.

The two stocks in the FTSE 350 Electricity sector [NMX7530] are-

Drax Group [DRX]
SSE [SSE]
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