The following chart plots the average monthly out-performance of the shares over the FTSE 100 Index since 1988. For example, on average Ladbrokes has out-performed the FTSE 100 by 3.6 percentage points in January.
The strongest month for Ladbrokes shares relative to the market has been January (the shares have out-performed the market in this month in 18 of the last 25 years).
The weakest month for Ladbrokes relative to the market has been July (the shares have only out-performed the market in this month in 8 of the past 25 years).
The 2013 edition of the Almanac looks at the historic monthly performance of the FTSE 350 sectors. Here we look at the Travel & Leisure sector.
The following chart plots the average out-performance of the FTSE 350 Travel & Leisure sector over the FTSE 100 Index by month since 1999. For example, since 1999 on average the sector has out-performed the FTSE 100 Index by 2.1 percentage points in November.
The strongest months have been November and December – the sector has under-performed the market only three times in November in the last 14 years.
The sector has no consistently weak months; although the sector has under-performed the market by an average of 2.6 percentage points in October, the sector has actually out-performed the market that month in eight of the past 14 years.
The 23 stocks in the FTSE 350 Travel & Leisure sector [NMX5750] are-
Betfair Group [BET]
Bwin.Party Digital Entertainment [BPTY]
Millennium & Copthorne Hotels [MLC]
Compass Group [CPG]
Mitchells & Butlers [MAB]
Domino’s Pizza UK & IRL [DOM]
National Express Group [NEX]
Playtech Ltd [PTEC]
Enterprise Inns [ETI]
Rank Group (The) [RNK]
Restaurant Group (The) [RTN]
Go-Ahead Group (The) [GOG]
Stagecoach Group [SGC]
Greene King [GNK]
TUI Travel [TT.]
InterContinental Hotels Group [IHG]
Wetherspoon (J D) [JDW]
International Consolidated Airlines Group SA [IAG]