O'Reilly logo

Quantitative Investing: Strategies to exploit stock market anomalies for all investors by Fred Piard

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 4: Seasonal Patterns

This chapter deals with the third category of anomalies explored in this book: annual cycles. It begins with a presentation of the most recent academic research, then applies two-season and four-season patterns to diversified stock indexes. Then it focuses on what usually happens on the stock market at the end of the year. It also shows a strategy using two sectors and a three-season pattern. It ends with an overview of monthly patterns in all kinds of asset classes.

The Only Strategy Backtested Over 319 Years

Most human activities have seasonal cycles. The stock market’s seasonal cycle is not reliable every year, but it is powerful over the long term.

You have probably already heard of its four best-known ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required