CF Industries Holdings (CF) 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 | +20.5% | +7.3% | +30.5% | -4.4% | -9.5% | -2.6% | — | — | — | — | — | — |
| 2025 | +8.1% | -11.6% | -3.5% | +0.3% | +16.4% | +1.4% | +0.9% | -6.1% | +3.5% | -7.1% | -4.9% | -1.7% |
| 2024 | -5.0% | +7.6% | +3.1% | -5.1% | +1.6% | -7.0% | +3.1% | +9.4% | +3.3% | -4.2% | +9.7% | -4.8% |
| 2023 | -0.6% | +1.9% | -15.6% | -1.3% | -13.6% | +12.9% | +18.2% | -5.6% | +11.3% | -7.0% | -5.3% | +5.8% |
| 2022 | -2.7% | +18.3% | +26.9% | -6.0% | +2.4% | -13.2% | +11.4% | +8.8% | -7.0% | +10.4% | +2.2% | -21.2% |
| 2021 | +6.9% | +10.2% | +0.2% | +7.1% | +10.0% | -3.2% | -8.2% | -3.3% | +22.9% | +1.8% | +7.2% | +16.8% |
| 2020 | -15.6% | -7.8% | -26.2% | +1.1% | +8.2% | -4.2% | +11.3% | +5.1% | -5.9% | -10.1% | +36.5% | +3.8% |
| 2019 | +0.3% | -2.6% | -3.1% | +9.5% | -9.5% | +16.1% | +6.1% | -2.2% | +2.1% | -7.8% | +2.6% | +3.3% |
| 2018 | -0.2% | -2.1% | -8.5% | +2.8% | +6.8% | +7.9% | +0.1% | +17.7% | +4.8% | -11.8% | -11.6% | +3.2% |
| 2017 | +12.1% | -10.2% | -6.6% | -8.9% | +1.7% | +4.0% | +4.9% | -0.2% | +21.3% | +8.0% | -0.6% | +13.5% |
| 2016 | -26.5% | +22.8% | -14.0% | +5.5% | -15.5% | -12.9% | +2.4% | +6.9% | -6.4% | -1.4% | +21.9% | +8.8% |
| 2015 | +12.1% | +0.8% | -7.3% | +1.3% | +10.5% | +1.7% | -7.9% | -2.6% | -21.7% | +13.1% | -8.6% | -11.5% |
| 2014 | -1.0% | +9.1% | +3.9% | -6.0% | -0.3% | -1.1% | +4.1% | +3.6% | +8.4% | -6.9% | +3.7% | +1.7% |
| 2013 | +12.8% | -12.2% | -5.2% | -2.0% | +2.6% | -10.2% | +14.3% | -2.7% | +10.8% | +2.2% | +1.3% | +7.2% |
| 2012 | +22.3% | +5.1% | -1.8% | +5.7% | -11.3% | +13.4% | +1.0% | +6.0% | +7.4% | -7.7% | +4.5% | -5.1% |
| 2011 | -0.1% | +4.7% | -3.2% | +3.5% | +8.7% | -7.9% | +9.6% | +18.0% | -32.5% | +31.5% | -13.6% | +3.7% |
| 2010 | +2.3% | +14.5% | -14.2% | -8.3% | -17.9% | -7.5% | +28.0% | +14.0% | +3.2% | +28.3% | -1.4% | +11.9% |
| 2009 | -4.4% | +37.2% | +10.5% | +1.3% | +7.9% | -4.5% | +6.5% | +3.6% | +5.6% | -3.5% | +2.7% | +6.4% |
| 2008 | -2.8% | +14.2% | -15.1% | +29.1% | +2.4% | +11.6% | +7.0% | -6.7% | -40.0% | -29.8% | -17.8% | -6.6% |
| 2007 | +19.0% | +26.7% | -0.2% | +2.8% | +13.0% | +33.9% | -4.1% | +10.2% | +19.8% | +15.9% | +3.5% | +21.0% |
| 2006 | +11.5% | +3.4% | -3.3% | +1.7% | -0.8% | -16.6% | +13.8% | -2.2% | +7.8% | +15.7% | +15.1% | +12.8% |
| 2005 | — | — | — | — | — | — | — | — | -11.7% | -6.9% | +12.2% | -1.4% |
| Avg | +3.3% | +6.5% | -2.5% | +1.4% | +0.7% | +0.7% | +6.1% | +3.6% | +0.3% | +1.1% | +2.8% | +3.2% |
| Median | +0.3% | +5.1% | -3.3% | +1.3% | +2.4% | -2.2% | +5.5% | +3.6% | +3.5% | -3.5% | +2.6% | +3.7% |
| Last 5Y Avg | +4.1% | +4.7% | +8.3% | -3.3% | -0.5% | -1.8% | +5.1% | +0.6% | +6.8% | -1.2% | +1.8% | -1.0% |
| Std Dev (σ) | 11.8% | 12.8% | 13.1% | 8.1% | 9.9% | 12.3% | 8.7% | 7.7% | 16.2% | 14.3% | 12.2% | 9.8% |
| Consistency (μ/σ) | 0.28 | 0.51 | -0.19 | 0.18 | 0.07 | 0.06 | 0.70 | 0.46 | 0.02 | 0.08 | 0.23 | 0.33 |
| Win Rate (%) | 52% | 71% | 29% | 62% | 62% | 45% | 85% | 55% | 67% | 43% | 62% | 67% |
| Winning / Losing Months | ▲11▼10 | ▲15▼6 | ▲6▼15 | ▲13▼8 | ▲13▼8 | ▲9▼11 | ▲17▼3 | ▲11▼9 | ▲14▼7 | ▲9▼12 | ▲13▼8 | ▲14▼7 |
| Longest Win / Loss Streak | ▲2▼3 | ▲7▼4 | ▲2▼6 | ▲4▼3 | ▲3▼1 | ▲3▼3 | ▲7▼1 | ▲4▼1 | ▲3▼2 | ▲2▼3 | ▲4▼2 | ▲6▼2 |
| Best | +22.3%in January 2012 | +37.2%in February 2009 | +30.5%in March 2026 | +29.1%in April 2008 | +16.4%in May 2025 | +33.9%in June 2007 | +28.0%in July 2010 | +18.0%in August 2011 | +22.9%in September 2021 | +31.5%in October 2011 | +36.5%in November 2020 | +21.0%in December 2007 |
| Worst | -26.5%in January 2016 | -12.2%in February 2013 | -26.2%in March 2020 | -8.9%in April 2017 | -17.9%in May 2010 | -16.6%in June 2006 | -8.2%in July 2021 | -6.7%in August 2008 | -40.0%in September 2008 | -29.8%in October 2008 | -17.8%in November 2008 | -21.2%in December 2022 |
−40.0%+37.2%
2026
Jan+20.5%
Feb+7.3%
Mar+30.5%
Apr-4.4%
May-9.5%
Jun-2.6%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+8.1%
Feb-11.6%
Mar-3.5%
Apr+0.3%
May+16.4%
Jun+1.4%
Jul+0.9%
Aug-6.1%
Sep+3.5%
Oct-7.1%
Nov-4.9%
Dec-1.7%
2024
Jan-5.0%
Feb+7.6%
Mar+3.1%
Apr-5.1%
May+1.6%
Jun-7.0%
Jul+3.1%
Aug+9.4%
Sep+3.3%
Oct-4.2%
Nov+9.7%
Dec-4.8%
2023
Jan-0.6%
Feb+1.9%
Mar-15.6%
Apr-1.3%
May-13.6%
Jun+12.9%
Jul+18.2%
Aug-5.6%
Sep+11.3%
Oct-7.0%
Nov-5.3%
Dec+5.8%
2022
Jan-2.7%
Feb+18.3%
Mar+26.9%
Apr-6.0%
May+2.4%
Jun-13.2%
Jul+11.4%
Aug+8.8%
Sep-7.0%
Oct+10.4%
Nov+2.2%
Dec-21.2%
2021
Jan+6.9%
Feb+10.2%
Mar+0.2%
Apr+7.1%
May+10.0%
Jun-3.2%
Jul-8.2%
Aug-3.3%
Sep+22.9%
Oct+1.8%
Nov+7.2%
Dec+16.8%
2020
Jan-15.6%
Feb-7.8%
Mar-26.2%
Apr+1.1%
May+8.2%
Jun-4.2%
Jul+11.3%
Aug+5.1%
Sep-5.9%
Oct-10.1%
Nov+36.5%
Dec+3.8%
2019
Jan+0.3%
Feb-2.6%
Mar-3.1%
Apr+9.5%
May-9.5%
Jun+16.1%
Jul+6.1%
Aug-2.2%
Sep+2.1%
Oct-7.8%
Nov+2.6%
Dec+3.3%
2018
Jan-0.2%
Feb-2.1%
Mar-8.5%
Apr+2.8%
May+6.8%
Jun+7.9%
Jul+0.1%
Aug+17.7%
Sep+4.8%
Oct-11.8%
Nov-11.6%
Dec+3.2%
2017
Jan+12.1%
Feb-10.2%
Mar-6.6%
Apr-8.9%
May+1.7%
Jun+4.0%
Jul+4.9%
Aug-0.2%
Sep+21.3%
Oct+8.0%
Nov-0.6%
Dec+13.5%
2016
Jan-26.5%
Feb+22.8%
Mar-14.0%
Apr+5.5%
May-15.5%
Jun-12.9%
Jul+2.4%
Aug+6.9%
Sep-6.4%
Oct-1.4%
Nov+21.9%
Dec+8.8%
2015
Jan+12.1%
Feb+0.8%
Mar-7.3%
Apr+1.3%
May+10.5%
Jun+1.7%
Jul-7.9%
Aug-2.6%
Sep-21.7%
Oct+13.1%
Nov-8.6%
Dec-11.5%
2014
Jan-1.0%
Feb+9.1%
Mar+3.9%
Apr-6.0%
May-0.3%
Jun-1.1%
Jul+4.1%
Aug+3.6%
Sep+8.4%
Oct-6.9%
Nov+3.7%
Dec+1.7%
2013
Jan+12.8%
Feb-12.2%
Mar-5.2%
Apr-2.0%
May+2.6%
Jun-10.2%
Jul+14.3%
Aug-2.7%
Sep+10.8%
Oct+2.2%
Nov+1.3%
Dec+7.2%
2012
Jan+22.3%
Feb+5.1%
Mar-1.8%
Apr+5.7%
May-11.3%
Jun+13.4%
Jul+1.0%
Aug+6.0%
Sep+7.4%
Oct-7.7%
Nov+4.5%
Dec-5.1%
2011
Jan-0.1%
Feb+4.7%
Mar-3.2%
Apr+3.5%
May+8.7%
Jun-7.9%
Jul+9.6%
Aug+18.0%
Sep-32.5%
Oct+31.5%
Nov-13.6%
Dec+3.7%
2010
Jan+2.3%
Feb+14.5%
Mar-14.2%
Apr-8.3%
May-17.9%
Jun-7.5%
Jul+28.0%
Aug+14.0%
Sep+3.2%
Oct+28.3%
Nov-1.4%
Dec+11.9%
2009
Jan-4.4%
Feb+37.2%
Mar+10.5%
Apr+1.3%
May+7.9%
Jun-4.5%
Jul+6.5%
Aug+3.6%
Sep+5.6%
Oct-3.5%
Nov+2.7%
Dec+6.4%
2008
Jan-2.8%
Feb+14.2%
Mar-15.1%
Apr+29.1%
May+2.4%
Jun+11.6%
Jul+7.0%
Aug-6.7%
Sep-40.0%
Oct-29.8%
Nov-17.8%
Dec-6.6%
2007
Jan+19.0%
Feb+26.7%
Mar-0.2%
Apr+2.8%
May+13.0%
Jun+33.9%
Jul-4.1%
Aug+10.2%
Sep+19.8%
Oct+15.9%
Nov+3.5%
Dec+21.0%
2006
Jan+11.5%
Feb+3.4%
Mar-3.3%
Apr+1.7%
May-0.8%
Jun-16.6%
Jul+13.8%
Aug-2.2%
Sep+7.8%
Oct+15.7%
Nov+15.1%
Dec+12.8%
2005
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep-11.7%
Oct-6.9%
Nov+12.2%
Dec-1.4%
Avg
Jan+3.3%
Feb+6.5%
Mar-2.5%
Apr+1.4%
May+0.7%
Jun+0.7%
Jul+6.1%
Aug+3.6%
Sep+0.3%
Oct+1.1%
Nov+2.8%
Dec+3.2%
Median
Jan+0.3%
Feb+5.1%
Mar-3.3%
Apr+1.3%
May+2.4%
Jun-2.2%
Jul+5.5%
Aug+3.6%
Sep+3.5%
Oct-3.5%
Nov+2.6%
Dec+3.7%
Last 5Y Avg
Jan+4.1%
Feb+4.7%
Mar+8.3%
Apr-3.3%
May-0.5%
Jun-1.8%
Jul+5.1%
Aug+0.6%
Sep+6.8%
Oct-1.2%
Nov+1.8%
Dec-1.0%
Std Dev (σ)
Jan11.8%
Feb12.8%
Mar13.1%
Apr8.1%
May9.9%
Jun12.3%
Jul8.7%
Aug7.7%
Sep16.2%
Oct14.3%
Nov12.2%
Dec9.8%
Consistency (μ/σ)
Jan0.28
Feb0.51
Mar-0.19
Apr0.18
May0.07
Jun0.06
Jul0.70
Aug0.46
Sep0.02
Oct0.08
Nov0.23
Dec0.33
Win Rate (%)
Jan52%
Feb71%
Mar29%
Apr62%
May62%
Jun45%
Jul85%
Aug55%
Sep67%
Oct43%
Nov62%
Dec67%
Winning / Losing Months
Jan▲11▼10
Feb▲15▼6
Mar▲6▼15
Apr▲13▼8
May▲13▼8
Jun▲9▼11
Jul▲17▼3
Aug▲11▼9
Sep▲14▼7
Oct▲9▼12
Nov▲13▼8
Dec▲14▼7
Longest Win / Loss Streak
Jan▲2▼3
Feb▲7▼4
Mar▲2▼6
Apr▲4▼3
May▲3▼1
Jun▲3▼3
Jul▲7▼1
Aug▲4▼1
Sep▲3▼2
Oct▲2▼3
Nov▲4▼2
Dec▲6▼2
Best
Jan+22.3%2012
Feb+37.2%2009
Mar+30.5%2026
Apr+29.1%2008
May+16.4%2025
Jun+33.9%2007
Jul+28.0%2010
Aug+18.0%2011
Sep+22.9%2021
Oct+31.5%2011
Nov+36.5%2020
Dec+21.0%2007
Worst
Jan-26.5%2016
Feb-12.2%2013
Mar-26.2%2020
Apr-8.9%2017
May-17.9%2010
Jun-16.6%2006
Jul-8.2%2021
Aug-6.7%2008
Sep-40.0%2008
Oct-29.8%2008
Nov-17.8%2008
Dec-21.2%2022
−40.0%+37.2%
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