First Solar (FSLR) 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 | -13.7% | -12.6% | +0.0% | +2.3% | +52.0% | -10.8% | — | — | — | — | — | — |
| 2025 | -4.9% | -18.7% | -7.2% | -0.5% | +25.6% | +4.7% | +5.6% | +11.7% | +13.0% | +21.0% | +2.2% | -4.3% |
| 2024 | -15.1% | +5.2% | +9.7% | +4.4% | +54.1% | -17.0% | -4.2% | +5.3% | +9.7% | -22.0% | +2.5% | -11.6% |
| 2023 | +18.6% | -4.8% | +28.6% | -16.1% | +11.2% | -6.3% | +9.1% | -8.8% | -14.6% | -11.8% | +10.8% | +9.2% |
| 2022 | -10.1% | -3.9% | +11.2% | -12.8% | -3.3% | -3.5% | +45.6% | +28.6% | +3.7% | +10.1% | +18.5% | -13.2% |
| 2021 | +0.2% | -18.3% | +7.8% | -12.3% | -0.5% | +18.9% | -4.9% | +9.3% | +1.6% | +25.3% | -13.4% | -15.9% |
| 2020 | -11.4% | -7.7% | -21.2% | +22.0% | +5.9% | +6.2% | +20.3% | +28.6% | -13.6% | +31.5% | +7.3% | +5.9% |
| 2019 | +19.1% | +3.9% | +0.6% | +16.4% | -5.7% | +13.2% | -1.8% | -3.8% | -6.5% | -10.7% | +6.7% | +1.3% |
| 2018 | -0.5% | -6.4% | +12.9% | -0.1% | -4.7% | -22.1% | -0.6% | -0.5% | -7.0% | -13.7% | +6.3% | -4.5% |
| 2017 | -2.8% | +16.0% | -25.1% | +9.0% | +30.3% | +3.6% | +23.6% | -4.8% | -2.3% | +19.5% | +13.3% | +8.7% |
| 2016 | +4.0% | +4.7% | -4.7% | -18.4% | -11.1% | -2.4% | -3.7% | -19.0% | +4.4% | +2.5% | -25.1% | +5.8% |
| 2015 | -5.1% | +41.2% | +0.1% | -0.2% | -16.7% | -5.5% | -5.7% | +8.0% | -10.6% | +33.5% | -1.0% | +16.8% |
| 2014 | -7.4% | +12.8% | +22.3% | -3.3% | -8.5% | +15.0% | -11.2% | +10.4% | -5.6% | -10.5% | -17.1% | -8.6% |
| 2013 | -8.7% | -8.3% | +4.3% | +72.7% | +16.8% | -17.6% | +9.8% | -25.4% | +9.5% | +25.1% | +18.9% | -8.7% |
| 2012 | +25.2% | -23.6% | -22.4% | -26.5% | -31.7% | +19.9% | +3.2% | +28.6% | +10.8% | +9.7% | +11.1% | +14.3% |
| 2011 | +18.8% | -4.7% | +9.1% | -13.2% | -11.0% | +6.5% | -10.6% | -15.4% | -36.8% | -21.3% | -3.8% | -29.5% |
| 2010 | -16.3% | -6.7% | +16.0% | +17.4% | -22.0% | +1.3% | +10.2% | +1.9% | +15.3% | -6.6% | -10.8% | +5.9% |
| 2009 | +3.5% | -26.0% | +25.5% | +41.1% | +1.6% | -14.8% | -4.8% | -21.3% | +25.7% | -20.2% | -2.3% | +13.7% |
| 2008 | -32.0% | +12.9% | +12.7% | +26.3% | -8.4% | +2.0% | +4.5% | -2.9% | -31.7% | -23.9% | -13.1% | +10.5% |
| 2007 | +8.5% | +47.5% | +8.9% | +15.3% | +13.4% | +31.2% | +26.1% | -7.8% | +13.5% | +34.9% | +49.3% | +12.6% |
| 2006 | — | — | — | — | — | — | — | — | — | — | — | +5.4% |
| Avg | -1.5% | +0.1% | +4.4% | +6.2% | +4.4% | +1.7% | +5.8% | +1.2% | -1.1% | +3.8% | +3.2% | +0.7% |
| Median | -3.9% | -4.7% | +8.3% | +1.1% | -1.9% | +2.0% | +3.2% | -0.5% | +1.6% | +2.5% | +2.5% | +5.6% |
| Last 5Y Avg | -5.0% | -7.0% | +8.5% | -4.5% | +27.9% | -0.7% | +10.2% | +9.2% | +2.7% | +4.5% | +4.1% | -7.1% |
| Std Dev (σ) | 14.3% | 19.1% | 15.0% | 23.1% | 22.6% | 14.1% | 14.5% | 16.2% | 15.9% | 20.9% | 16.5% | 12.2% |
| Consistency (μ/σ) | -0.10 | 0.01 | 0.30 | 0.27 | 0.19 | 0.12 | 0.40 | 0.07 | -0.07 | 0.18 | 0.19 | 0.06 |
| Win Rate (%) | 40% | 40% | 75% | 50% | 45% | 58% | 53% | 47% | 53% | 53% | 58% | 60% |
| Winning / Losing Months | ▲8▼12 | ▲8▼12 | ▲15▼5 | ▲10▼10 | ▲9▼11 | ▲11▼8 | ▲10▼9 | ▲9▼10 | ▲10▼9 | ▲10▼9 | ▲11▼8 | ▲12▼8 |
| Longest Win / Loss Streak | ▲2▼3 | ▲4▼5 | ▲5▼2 | ▲4▼3 | ▲4▼3 | ▲3▼3 | ▲2▼3 | ▲3▼4 | ▲2▼4 | ▲3▼4 | ▲4▼4 | ▲5▼2 |
| Best | +25.2%in January 2012 | +47.5%in February 2007 | +28.6%in March 2023 | +72.7%in April 2013 | +54.1%in May 2024 | +31.2%in June 2007 | +45.6%in July 2022 | +28.6%in August 2012 | +25.7%in September 2009 | +34.9%in October 2007 | +49.3%in November 2007 | +16.8%in December 2015 |
| Worst | -32.0%in January 2008 | -26.0%in February 2009 | -25.1%in March 2017 | -26.5%in April 2012 | -31.7%in May 2012 | -22.1%in June 2018 | -11.2%in July 2014 | -25.4%in August 2013 | -36.8%in September 2011 | -23.9%in October 2008 | -25.1%in November 2016 | -29.5%in December 2011 |
−36.8%+72.7%
2026
Jan-13.7%
Feb-12.6%
Mar+0.0%
Apr+2.3%
May+52.0%
Jun-10.8%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-4.9%
Feb-18.7%
Mar-7.2%
Apr-0.5%
May+25.6%
Jun+4.7%
Jul+5.6%
Aug+11.7%
Sep+13.0%
Oct+21.0%
Nov+2.2%
Dec-4.3%
2024
Jan-15.1%
Feb+5.2%
Mar+9.7%
Apr+4.4%
May+54.1%
Jun-17.0%
Jul-4.2%
Aug+5.3%
Sep+9.7%
Oct-22.0%
Nov+2.5%
Dec-11.6%
2023
Jan+18.6%
Feb-4.8%
Mar+28.6%
Apr-16.1%
May+11.2%
Jun-6.3%
Jul+9.1%
Aug-8.8%
Sep-14.6%
Oct-11.8%
Nov+10.8%
Dec+9.2%
2022
Jan-10.1%
Feb-3.9%
Mar+11.2%
Apr-12.8%
May-3.3%
Jun-3.5%
Jul+45.6%
Aug+28.6%
Sep+3.7%
Oct+10.1%
Nov+18.5%
Dec-13.2%
2021
Jan+0.2%
Feb-18.3%
Mar+7.8%
Apr-12.3%
May-0.5%
Jun+18.9%
Jul-4.9%
Aug+9.3%
Sep+1.6%
Oct+25.3%
Nov-13.4%
Dec-15.9%
2020
Jan-11.4%
Feb-7.7%
Mar-21.2%
Apr+22.0%
May+5.9%
Jun+6.2%
Jul+20.3%
Aug+28.6%
Sep-13.6%
Oct+31.5%
Nov+7.3%
Dec+5.9%
2019
Jan+19.1%
Feb+3.9%
Mar+0.6%
Apr+16.4%
May-5.7%
Jun+13.2%
Jul-1.8%
Aug-3.8%
Sep-6.5%
Oct-10.7%
Nov+6.7%
Dec+1.3%
2018
Jan-0.5%
Feb-6.4%
Mar+12.9%
Apr-0.1%
May-4.7%
Jun-22.1%
Jul-0.6%
Aug-0.5%
Sep-7.0%
Oct-13.7%
Nov+6.3%
Dec-4.5%
2017
Jan-2.8%
Feb+16.0%
Mar-25.1%
Apr+9.0%
May+30.3%
Jun+3.6%
Jul+23.6%
Aug-4.8%
Sep-2.3%
Oct+19.5%
Nov+13.3%
Dec+8.7%
2016
Jan+4.0%
Feb+4.7%
Mar-4.7%
Apr-18.4%
May-11.1%
Jun-2.4%
Jul-3.7%
Aug-19.0%
Sep+4.4%
Oct+2.5%
Nov-25.1%
Dec+5.8%
2015
Jan-5.1%
Feb+41.2%
Mar+0.1%
Apr-0.2%
May-16.7%
Jun-5.5%
Jul-5.7%
Aug+8.0%
Sep-10.6%
Oct+33.5%
Nov-1.0%
Dec+16.8%
2014
Jan-7.4%
Feb+12.8%
Mar+22.3%
Apr-3.3%
May-8.5%
Jun+15.0%
Jul-11.2%
Aug+10.4%
Sep-5.6%
Oct-10.5%
Nov-17.1%
Dec-8.6%
2013
Jan-8.7%
Feb-8.3%
Mar+4.3%
Apr+72.7%
May+16.8%
Jun-17.6%
Jul+9.8%
Aug-25.4%
Sep+9.5%
Oct+25.1%
Nov+18.9%
Dec-8.7%
2012
Jan+25.2%
Feb-23.6%
Mar-22.4%
Apr-26.5%
May-31.7%
Jun+19.9%
Jul+3.2%
Aug+28.6%
Sep+10.8%
Oct+9.7%
Nov+11.1%
Dec+14.3%
2011
Jan+18.8%
Feb-4.7%
Mar+9.1%
Apr-13.2%
May-11.0%
Jun+6.5%
Jul-10.6%
Aug-15.4%
Sep-36.8%
Oct-21.3%
Nov-3.8%
Dec-29.5%
2010
Jan-16.3%
Feb-6.7%
Mar+16.0%
Apr+17.4%
May-22.0%
Jun+1.3%
Jul+10.2%
Aug+1.9%
Sep+15.3%
Oct-6.6%
Nov-10.8%
Dec+5.9%
2009
Jan+3.5%
Feb-26.0%
Mar+25.5%
Apr+41.1%
May+1.6%
Jun-14.8%
Jul-4.8%
Aug-21.3%
Sep+25.7%
Oct-20.2%
Nov-2.3%
Dec+13.7%
2008
Jan-32.0%
Feb+12.9%
Mar+12.7%
Apr+26.3%
May-8.4%
Jun+2.0%
Jul+4.5%
Aug-2.9%
Sep-31.7%
Oct-23.9%
Nov-13.1%
Dec+10.5%
2007
Jan+8.5%
Feb+47.5%
Mar+8.9%
Apr+15.3%
May+13.4%
Jun+31.2%
Jul+26.1%
Aug-7.8%
Sep+13.5%
Oct+34.9%
Nov+49.3%
Dec+12.6%
2006
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep—
Oct—
Nov—
Dec+5.4%
Avg
Jan-1.5%
Feb+0.1%
Mar+4.4%
Apr+6.2%
May+4.4%
Jun+1.7%
Jul+5.8%
Aug+1.2%
Sep-1.1%
Oct+3.8%
Nov+3.2%
Dec+0.7%
Median
Jan-3.9%
Feb-4.7%
Mar+8.3%
Apr+1.1%
May-1.9%
Jun+2.0%
Jul+3.2%
Aug-0.5%
Sep+1.6%
Oct+2.5%
Nov+2.5%
Dec+5.6%
Last 5Y Avg
Jan-5.0%
Feb-7.0%
Mar+8.5%
Apr-4.5%
May+27.9%
Jun-0.7%
Jul+10.2%
Aug+9.2%
Sep+2.7%
Oct+4.5%
Nov+4.1%
Dec-7.1%
Std Dev (σ)
Jan14.3%
Feb19.1%
Mar15.0%
Apr23.1%
May22.6%
Jun14.1%
Jul14.5%
Aug16.2%
Sep15.9%
Oct20.9%
Nov16.5%
Dec12.2%
Consistency (μ/σ)
Jan-0.10
Feb0.01
Mar0.30
Apr0.27
May0.19
Jun0.12
Jul0.40
Aug0.07
Sep-0.07
Oct0.18
Nov0.19
Dec0.06
Win Rate (%)
Jan40%
Feb40%
Mar75%
Apr50%
May45%
Jun58%
Jul53%
Aug47%
Sep53%
Oct53%
Nov58%
Dec60%
Winning / Losing Months
Jan▲8▼12
Feb▲8▼12
Mar▲15▼5
Apr▲10▼10
May▲9▼11
Jun▲11▼8
Jul▲10▼9
Aug▲9▼10
Sep▲10▼9
Oct▲10▼9
Nov▲11▼8
Dec▲12▼8
Longest Win / Loss Streak
Jan▲2▼3
Feb▲4▼5
Mar▲5▼2
Apr▲4▼3
May▲4▼3
Jun▲3▼3
Jul▲2▼3
Aug▲3▼4
Sep▲2▼4
Oct▲3▼4
Nov▲4▼4
Dec▲5▼2
Best
Jan+25.2%2012
Feb+47.5%2007
Mar+28.6%2023
Apr+72.7%2013
May+54.1%2024
Jun+31.2%2007
Jul+45.6%2022
Aug+28.6%2012
Sep+25.7%2009
Oct+34.9%2007
Nov+49.3%2007
Dec+16.8%2015
Worst
Jan-32.0%2008
Feb-26.0%2009
Mar-25.1%2017
Apr-26.5%2012
May-31.7%2012
Jun-22.1%2018
Jul-11.2%2014
Aug-25.4%2013
Sep-36.8%2011
Oct-23.9%2008
Nov-25.1%2016
Dec-29.5%2011
−36.8%+72.7%
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