Alerus Financial (ALRS) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.3% | -3.2% | +0.3% | +13.6% | +6.1% | +9.6% | -0.7% | — | — | — | — | — |
| 2025 | +9.8% | -3.7% | -8.4% | +7.7% | +5.7% | +4.0% | -2.3% | +5.4% | +0.3% | -4.6% | +2.0% | +5.6% |
| 2024 | +1.4% | -4.0% | +1.0% | -9.7% | -1.8% | +2.5% | +14.5% | +0.0% | +2.9% | -11.6% | +9.0% | -11.8% |
| 2023 | -11.9% | -2.8% | -18.8% | -10.4% | +15.8% | +9.0% | +10.0% | -1.4% | -5.8% | -4.8% | +5.5% | +23.6% |
| 2022 | -3.2% | +1.5% | -3.3% | -7.6% | -0.6% | -5.5% | +3.5% | -3.6% | -6.2% | +0.9% | +6.1% | -0.5% |
| 2021 | -12.1% | +14.3% | +8.8% | -3.5% | +14.6% | -11.6% | -3.7% | +6.9% | +0.6% | +5.1% | -4.1% | -2.2% |
| 2020 | -7.7% | -3.0% | -18.5% | +2.9% | +6.6% | +9.8% | -1.9% | +6.2% | -4.2% | +9.8% | +11.7% | +14.6% |
| 2019 | +3.9% | -1.3% | -0.6% | -1.7% | -1.8% | +1.3% | +3.9% | +0.4% | +11.3% | -0.5% | +0.1% | +5.9% |
| 2018 | +11.2% | +1.2% | +3.2% | +3.1% | +7.6% | +0.3% | +1.4% | -3.2% | -4.0% | -9.6% | -1.8% | -10.9% |
| 2017 | -2.0% | +5.0% | +7.0% | +2.1% | -0.5% | +2.1% | +2.2% | +3.3% | +1.4% | -0.4% | -0.3% | +1.6% |
| 2016 | -5.8% | +1.5% | +11.4% | -8.2% | -1.9% | -1.5% | -0.2% | -1.2% | -1.1% | -2.6% | +3.3% | -0.2% |
| 2015 | -3.8% | +4.2% | -3.5% | +4.8% | +0.5% | +3.5% | -3.0% | +2.5% | -0.6% | -2.2% | -4.8% | +0.9% |
| 2014 | -2.9% | +1.0% | +10.6% | -4.0% | +4.2% | -4.3% | -1.0% | +3.3% | +15.9% | -1.5% | +1.3% | -3.2% |
| 2013 | -1.3% | +11.9% | +0.8% | +1.4% | +7.7% | +4.6% | +8.7% | +0.7% | +1.6% | +4.7% | +4.5% | +9.0% |
| 2012 | +135.5% | -55.0% | -2.5% | -1.4% | +5.8% | +3.6% | +1.9% | -1.9% | +7.0% | +4.3% | +5.7% | -4.6% |
| 2011 | +12.7% | -5.3% | +0.7% | -2.9% | +3.0% | +1.8% | -4.8% | -8.0% | +2.6% | -1.6% | +7.6% | +3.9% |
| 2010 | +20.7% | -11.3% | +2.8% | +2.3% | +4.2% | -2.7% | +3.8% | -1.5% | +2.5% | +4.0% | +2.9% | -8.0% |
| 2009 | -0.4% | +1.3% | -10.0% | +8.2% | -6.7% | +4.6% | +1.1% | +5.7% | -0.2% | -8.6% | +2.4% | +1.1% |
| 2008 | +1.9% | +1.6% | -6.7% | +0.7% | +0.7% | -4.4% | +0.3% | +3.3% | +4.0% | -18.1% | -4.7% | -6.8% |
| 2007 | -6.2% | -4.4% | +0.5% | +0.8% | +1.8% | +1.0% | -0.8% | +1.6% | -2.5% | +2.4% | +0.0% | -2.2% |
| 2006 | +4.7% | +0.0% | +1.3% | +2.6% | +0.0% | +1.3% | -0.9% | +4.3% | +6.0% | +5.0% | +5.4% | -1.0% |
| 2005 | +4.8% | +1.1% | +12.9% | -11.0% | +1.1% | +0.2% | +9.3% | +0.0% | +4.9% | -1.6% | +3.5% | -3.0% |
| 2004 | +0.4% | +13.7% | +6.6% | +2.9% | +0.0% | +0.9% | +2.8% | +0.6% | +1.2% | +6.8% | +9.7% | +5.8% |
| 2003 | — | — | — | -2.0% | -2.0% | +1.6% | -1.6% | +3.7% | -0.4% | -0.4% | +0.4% | +0.4% |
| Avg | +6.9% | -1.6% | -0.2% | -0.4% | +2.9% | +1.3% | +1.9% | +1.2% | +1.6% | -1.1% | +2.8% | +0.8% |
| Median | +0.4% | +1.0% | +0.7% | +0.7% | +1.5% | +1.5% | +1.1% | +0.7% | +1.2% | -0.5% | +2.9% | -0.2% |
| Last 5Y Avg | +1.1% | -2.4% | -5.8% | -1.3% | +5.0% | +3.9% | +4.4% | +1.5% | -1.6% | -3.0% | +3.7% | +2.9% |
| Std Dev (σ) | 29.1% | 13.1% | 8.4% | 6.2% | 5.2% | 4.9% | 4.8% | 3.6% | 5.2% | 6.5% | 4.5% | 7.9% |
| Consistency (μ/σ) | 0.24 | -0.12 | -0.02 | -0.06 | 0.56 | 0.27 | 0.39 | 0.33 | 0.31 | -0.17 | 0.63 | 0.10 |
| Win Rate (%) | 52% | 52% | 61% | 54% | 63% | 75% | 57% | 61% | 61% | 39% | 74% | 48% |
| Winning / Losing Months | ▲12▼11 | ▲12▼11 | ▲14▼9 | ▲13▼11 | ▲15▼9 | ▲18▼6 | ▲13▼10 | ▲14▼9 | ▲14▼9 | ▲9▼14 | ▲17▼6 | ▲11▼12 |
| Longest Win / Loss Streak | ▲3▼5 | ▲6▼4 | ▲4▼2 | ▲5▼4 | ▲6▼2 | ▲5▼2 | ▲3▼3 | ▲4▼3 | ▲5▼2 | ▲3▼6 | ▲6▼2 | ▲2▼4 |
| Best | +135.5%in January 2012 | +14.3%in February 2021 | +12.9%in March 2005 | +13.6%in April 2026 | +15.8%in May 2023 | +9.8%in June 2020 | +14.5%in July 2024 | +6.9%in August 2021 | +15.9%in September 2014 | +9.8%in October 2020 | +11.7%in November 2020 | +23.6%in December 2023 |
| Worst | -12.1%in January 2021 | -55.0%in February 2012 | -18.8%in March 2023 | -11.0%in April 2005 | -6.7%in May 2009 | -11.6%in June 2021 | -4.8%in July 2011 | -8.0%in August 2011 | -6.2%in September 2022 | -18.1%in October 2008 | -4.8%in November 2015 | -11.8%in December 2024 |
−55.0%+135.5%
2026
Jan+9.3%
Feb-3.2%
Mar+0.3%
Apr+13.6%
May+6.1%
Jun+9.6%
Jul-0.7%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+9.8%
Feb-3.7%
Mar-8.4%
Apr+7.7%
May+5.7%
Jun+4.0%
Jul-2.3%
Aug+5.4%
Sep+0.3%
Oct-4.6%
Nov+2.0%
Dec+5.6%
2024
Jan+1.4%
Feb-4.0%
Mar+1.0%
Apr-9.7%
May-1.8%
Jun+2.5%
Jul+14.5%
Aug+0.0%
Sep+2.9%
Oct-11.6%
Nov+9.0%
Dec-11.8%
2023
Jan-11.9%
Feb-2.8%
Mar-18.8%
Apr-10.4%
May+15.8%
Jun+9.0%
Jul+10.0%
Aug-1.4%
Sep-5.8%
Oct-4.8%
Nov+5.5%
Dec+23.6%
2022
Jan-3.2%
Feb+1.5%
Mar-3.3%
Apr-7.6%
May-0.6%
Jun-5.5%
Jul+3.5%
Aug-3.6%
Sep-6.2%
Oct+0.9%
Nov+6.1%
Dec-0.5%
2021
Jan-12.1%
Feb+14.3%
Mar+8.8%
Apr-3.5%
May+14.6%
Jun-11.6%
Jul-3.7%
Aug+6.9%
Sep+0.6%
Oct+5.1%
Nov-4.1%
Dec-2.2%
2020
Jan-7.7%
Feb-3.0%
Mar-18.5%
Apr+2.9%
May+6.6%
Jun+9.8%
Jul-1.9%
Aug+6.2%
Sep-4.2%
Oct+9.8%
Nov+11.7%
Dec+14.6%
2019
Jan+3.9%
Feb-1.3%
Mar-0.6%
Apr-1.7%
May-1.8%
Jun+1.3%
Jul+3.9%
Aug+0.4%
Sep+11.3%
Oct-0.5%
Nov+0.1%
Dec+5.9%
2018
Jan+11.2%
Feb+1.2%
Mar+3.2%
Apr+3.1%
May+7.6%
Jun+0.3%
Jul+1.4%
Aug-3.2%
Sep-4.0%
Oct-9.6%
Nov-1.8%
Dec-10.9%
2017
Jan-2.0%
Feb+5.0%
Mar+7.0%
Apr+2.1%
May-0.5%
Jun+2.1%
Jul+2.2%
Aug+3.3%
Sep+1.4%
Oct-0.4%
Nov-0.3%
Dec+1.6%
2016
Jan-5.8%
Feb+1.5%
Mar+11.4%
Apr-8.2%
May-1.9%
Jun-1.5%
Jul-0.2%
Aug-1.2%
Sep-1.1%
Oct-2.6%
Nov+3.3%
Dec-0.2%
2015
Jan-3.8%
Feb+4.2%
Mar-3.5%
Apr+4.8%
May+0.5%
Jun+3.5%
Jul-3.0%
Aug+2.5%
Sep-0.6%
Oct-2.2%
Nov-4.8%
Dec+0.9%
2014
Jan-2.9%
Feb+1.0%
Mar+10.6%
Apr-4.0%
May+4.2%
Jun-4.3%
Jul-1.0%
Aug+3.3%
Sep+15.9%
Oct-1.5%
Nov+1.3%
Dec-3.2%
2013
Jan-1.3%
Feb+11.9%
Mar+0.8%
Apr+1.4%
May+7.7%
Jun+4.6%
Jul+8.7%
Aug+0.7%
Sep+1.6%
Oct+4.7%
Nov+4.5%
Dec+9.0%
2012
Jan+135.5%
Feb-55.0%
Mar-2.5%
Apr-1.4%
May+5.8%
Jun+3.6%
Jul+1.9%
Aug-1.9%
Sep+7.0%
Oct+4.3%
Nov+5.7%
Dec-4.6%
2011
Jan+12.7%
Feb-5.3%
Mar+0.7%
Apr-2.9%
May+3.0%
Jun+1.8%
Jul-4.8%
Aug-8.0%
Sep+2.6%
Oct-1.6%
Nov+7.6%
Dec+3.9%
2010
Jan+20.7%
Feb-11.3%
Mar+2.8%
Apr+2.3%
May+4.2%
Jun-2.7%
Jul+3.8%
Aug-1.5%
Sep+2.5%
Oct+4.0%
Nov+2.9%
Dec-8.0%
2009
Jan-0.4%
Feb+1.3%
Mar-10.0%
Apr+8.2%
May-6.7%
Jun+4.6%
Jul+1.1%
Aug+5.7%
Sep-0.2%
Oct-8.6%
Nov+2.4%
Dec+1.1%
2008
Jan+1.9%
Feb+1.6%
Mar-6.7%
Apr+0.7%
May+0.7%
Jun-4.4%
Jul+0.3%
Aug+3.3%
Sep+4.0%
Oct-18.1%
Nov-4.7%
Dec-6.8%
2007
Jan-6.2%
Feb-4.4%
Mar+0.5%
Apr+0.8%
May+1.8%
Jun+1.0%
Jul-0.8%
Aug+1.6%
Sep-2.5%
Oct+2.4%
Nov+0.0%
Dec-2.2%
2006
Jan+4.7%
Feb+0.0%
Mar+1.3%
Apr+2.6%
May+0.0%
Jun+1.3%
Jul-0.9%
Aug+4.3%
Sep+6.0%
Oct+5.0%
Nov+5.4%
Dec-1.0%
2005
Jan+4.8%
Feb+1.1%
Mar+12.9%
Apr-11.0%
May+1.1%
Jun+0.2%
Jul+9.3%
Aug+0.0%
Sep+4.9%
Oct-1.6%
Nov+3.5%
Dec-3.0%
2004
Jan+0.4%
Feb+13.7%
Mar+6.6%
Apr+2.9%
May+0.0%
Jun+0.9%
Jul+2.8%
Aug+0.6%
Sep+1.2%
Oct+6.8%
Nov+9.7%
Dec+5.8%
2003
Jan—
Feb—
Mar—
Apr-2.0%
May-2.0%
Jun+1.6%
Jul-1.6%
Aug+3.7%
Sep-0.4%
Oct-0.4%
Nov+0.4%
Dec+0.4%
Avg
Jan+6.9%
Feb-1.6%
Mar-0.2%
Apr-0.4%
May+2.9%
Jun+1.3%
Jul+1.9%
Aug+1.2%
Sep+1.6%
Oct-1.1%
Nov+2.8%
Dec+0.8%
Median
Jan+0.4%
Feb+1.0%
Mar+0.7%
Apr+0.7%
May+1.5%
Jun+1.5%
Jul+1.1%
Aug+0.7%
Sep+1.2%
Oct-0.5%
Nov+2.9%
Dec-0.2%
Last 5Y Avg
Jan+1.1%
Feb-2.4%
Mar-5.8%
Apr-1.3%
May+5.0%
Jun+3.9%
Jul+4.4%
Aug+1.5%
Sep-1.6%
Oct-3.0%
Nov+3.7%
Dec+2.9%
Std Dev (σ)
Jan29.1%
Feb13.1%
Mar8.4%
Apr6.2%
May5.2%
Jun4.9%
Jul4.8%
Aug3.6%
Sep5.2%
Oct6.5%
Nov4.5%
Dec7.9%
Consistency (μ/σ)
Jan0.24
Feb-0.12
Mar-0.02
Apr-0.06
May0.56
Jun0.27
Jul0.39
Aug0.33
Sep0.31
Oct-0.17
Nov0.63
Dec0.10
Win Rate (%)
Jan52%
Feb52%
Mar61%
Apr54%
May63%
Jun75%
Jul57%
Aug61%
Sep61%
Oct39%
Nov74%
Dec48%
Winning / Losing Months
Jan▲12▼11
Feb▲12▼11
Mar▲14▼9
Apr▲13▼11
May▲15▼9
Jun▲18▼6
Jul▲13▼10
Aug▲14▼9
Sep▲14▼9
Oct▲9▼14
Nov▲17▼6
Dec▲11▼12
Longest Win / Loss Streak
Jan▲3▼5
Feb▲6▼4
Mar▲4▼2
Apr▲5▼4
May▲6▼2
Jun▲5▼2
Jul▲3▼3
Aug▲4▼3
Sep▲5▼2
Oct▲3▼6
Nov▲6▼2
Dec▲2▼4
Best
Jan+135.5%2012
Feb+14.3%2021
Mar+12.9%2005
Apr+13.6%2026
May+15.8%2023
Jun+9.8%2020
Jul+14.5%2024
Aug+6.9%2021
Sep+15.9%2014
Oct+9.8%2020
Nov+11.7%2020
Dec+23.6%2023
Worst
Jan-12.1%2021
Feb-55.0%2012
Mar-18.8%2023
Apr-11.0%2005
May-6.7%2009
Jun-11.6%2021
Jul-4.8%2011
Aug-8.0%2011
Sep-6.2%2022
Oct-18.1%2008
Nov-4.8%2015
Dec-11.8%2024
−55.0%+135.5%
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