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Shinhan Financial Seasonality

Historical month-by-month and year-by-year returns

Based on 27 calendar years of monthly closes, starting 2000.

By Month

MonthAverageMedian% PositiveBestWorst
January1.6%1.7%44%+15.5%26.1%
February1.6%0.2%48%+13.7%25.3%
March+4.6%+4.3%74%+28.9%9.7%
April+0.8%+0.2%52%+27.7%11.1%
May+0.6%+0.5%52%+38.2%13.9%
June+4.6%+4.7%70%+29.0%18.1%
July0.9%1.4%37%+14.4%11.1%
August0.2%0.5%50%+19.4%18.0%
September+0.1%+0.7%50%+12.1%28.3%
October+1.8%+1.4%54%+42.2%14.2%
November0.0%+0.8%50%+18.3%37.7%
December+4.7%+2.3%65%+60.8%9.7%

By Calendar Year

YearReturn
2025+65.0%
2024+25.1%
20235.5%
2022+13.4%
2021+24.5%
202021.7%
20199.4%
201818.9%
2017+16.1%
2016+18.9%
201514.2%
20141.4%
2013+11.5%
20128.5%
20119.8%
2010+21.0%
2009+50.5%
200843.0%
2007+2.2%
2006+19.9%
2005+59.4%
2004+32.4%
2003+48.5%
200227.2%
2001+34.1%
200016.0%

These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.