Matthews International (MATW) 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 | +0.7% | +1.5% | -2.3% | +10.5% | -6.2% | +1.4% | +0.2% | — | — | — | — | — |
| 2025 | +1.1% | -10.1% | -10.7% | -8.0% | +6.2% | +11.5% | -1.8% | +5.8% | -1.2% | -3.6% | +4.8% | +7.5% |
| 2024 | -10.2% | -11.4% | +7.4% | -13.2% | +5.9% | -11.6% | +15.6% | -11.7% | -8.4% | +0.4% | +29.5% | -7.5% |
| 2023 | +21.7% | +3.6% | -5.5% | +5.0% | +2.3% | +10.7% | +7.7% | -7.6% | -7.7% | -8.9% | -3.0% | +7.3% |
| 2022 | -4.2% | -4.9% | -2.5% | -7.9% | +9.3% | -11.4% | -2.5% | -9.8% | -10.4% | +20.0% | +18.7% | -3.8% |
| 2021 | +3.8% | +17.7% | +10.8% | +4.6% | -5.1% | -8.0% | -3.8% | +7.7% | -6.3% | -0.9% | +1.5% | +5.8% |
| 2020 | -1.7% | -20.8% | -18.2% | -1.0% | -12.7% | -7.7% | +14.2% | +1.4% | +2.1% | -2.4% | +23.4% | +10.0% |
| 2019 | +9.5% | -10.2% | -7.1% | +8.4% | -14.6% | +2.4% | -2.0% | -13.6% | +20.8% | +4.5% | +4.3% | -0.5% |
| 2018 | +6.1% | -8.2% | -1.3% | -2.5% | +11.9% | +6.9% | -10.3% | -1.2% | -3.4% | -17.0% | +1.7% | -3.6% |
| 2017 | -12.2% | -2.1% | +2.7% | +1.6% | -7.0% | -3.9% | +7.3% | -8.1% | +3.3% | +1.0% | -9.6% | -6.8% |
| 2016 | -6.3% | -5.1% | +8.7% | +2.6% | +4.3% | +1.4% | +8.3% | +2.3% | -1.2% | -1.4% | +21.7% | +5.6% |
| 2015 | -4.5% | +4.4% | +6.5% | -5.5% | +2.3% | +7.0% | +1.6% | -5.7% | -3.6% | +17.9% | +3.9% | -10.6% |
| 2014 | +0.1% | -3.5% | -0.5% | -0.9% | +1.6% | +1.4% | +4.9% | +6.1% | -4.9% | +5.0% | +0.3% | +5.6% |
| 2013 | +2.3% | +0.7% | +5.9% | +5.7% | +4.2% | -1.7% | +2.9% | -4.6% | +3.2% | +6.6% | +4.2% | +1.0% |
| 2012 | +4.9% | -5.6% | +2.0% | -4.9% | +0.4% | +7.9% | -10.5% | +3.2% | -0.4% | -3.5% | +5.5% | +6.1% |
| 2011 | +1.5% | +4.8% | +3.8% | +4.4% | -2.6% | +2.8% | -9.7% | -7.7% | -8.0% | +14.6% | -5.6% | -5.2% |
| 2010 | -4.3% | -1.0% | +5.9% | -1.2% | -7.5% | -9.5% | +23.6% | -12.8% | +12.3% | -6.4% | -1.6% | +7.7% |
| 2009 | +6.3% | -10.8% | -17.1% | +9.0% | -8.8% | +9.0% | +0.7% | +11.5% | +1.6% | +4.0% | -5.7% | +2.3% |
| 2008 | +4.4% | -8.2% | +7.6% | +2.5% | -3.6% | -4.9% | +10.4% | +0.6% | +1.0% | -11.9% | -8.5% | -10.2% |
| 2007 | +3.2% | -1.3% | +1.7% | +3.7% | +4.8% | -1.3% | -12.1% | +12.8% | +1.5% | +4.2% | -3.1% | +6.2% |
| 2006 | +2.8% | -0.6% | +3.0% | -9.0% | +0.0% | -0.9% | -0.2% | +3.7% | +3.3% | +4.6% | +4.3% | -1.8% |
| 2005 | -5.6% | +0.2% | -5.8% | +8.5% | +4.2% | +5.3% | +0.2% | +2.6% | -5.5% | -4.8% | +9.3% | -7.3% |
| 2004 | +1.6% | +3.8% | +6.5% | -8.0% | +3.8% | +4.1% | +4.0% | +3.4% | -4.2% | -1.0% | +10.0% | -0.2% |
| 2003 | +2.4% | -0.3% | +1.4% | +2.5% | +1.6% | +3.1% | +4.2% | +3.1% | -0.5% | +2.3% | +5.5% | +3.9% |
| 2002 | +1.1% | -2.6% | +3.8% | +8.9% | -8.4% | -6.6% | +0.7% | +3.2% | -3.6% | +0.1% | -2.3% | -2.1% |
| 2001 | -1.6% | +0.4% | +5.1% | +3.3% | +3.8% | +25.6% | -0.9% | +1.3% | +0.1% | +4.6% | +4.6% | +2.0% |
| 2000 | -15.3% | +4.0% | -6.4% | +1.9% | +8.6% | +16.0% | -3.3% | +3.6% | +1.3% | -8.0% | +7.0% | +9.3% |
| 1999 | -10.2% | +1.3% | -4.3% | -2.6% | +8.9% | +2.1% | +3.2% | -11.2% | +11.1% | -16.6% | -7.4% | +18.3% |
| 1998 | -2.7% | -1.8% | -4.8% | +15.3% | +8.0% | -1.1% | -10.2% | +11.9% | +1.6% | +10.6% | +8.6% | +5.0% |
| 1997 | +0.4% | +0.4% | +6.9% | -3.9% | +17.1% | +6.6% | +10.1% | -3.4% | +2.6% | +7.2% | +0.3% | +3.2% |
| 1996 | +10.2% | +14.8% | +8.3% | +4.7% | +0.0% | -1.5% | +0.9% | +8.9% | -6.4% | +5.1% | -3.4% | -1.0% |
| 1995 | -1.8% | +11.4% | +3.7% | +3.1% | +3.4% | +14.0% | +5.2% | +1.8% | +0.6% | +0.3% | -4.8% | +1.9% |
| 1994 | — | — | — | — | — | — | — | +1.6% | -3.5% | +0.8% | +2.0% | -11.1% |
| Avg | +0.1% | -1.2% | +0.5% | +1.2% | +1.1% | +2.2% | +1.9% | -0.0% | -0.4% | +0.9% | +3.6% | +1.2% |
| Median | +0.9% | -0.8% | +2.4% | +2.5% | +2.3% | +1.8% | +0.9% | +1.7% | -0.5% | +0.6% | +2.9% | +1.9% |
| Last 5Y Avg | +1.8% | -4.3% | -2.7% | -2.7% | +3.5% | +0.1% | +3.0% | -3.1% | -6.8% | +1.4% | +10.3% | +1.9% |
| Std Dev (σ) | 7.1% | 7.7% | 7.2% | 6.5% | 7.2% | 8.3% | 8.1% | 7.4% | 6.4% | 8.5% | 9.3% | 6.8% |
| Consistency (μ/σ) | 0.02 | -0.16 | 0.07 | 0.18 | 0.16 | 0.26 | 0.23 | -0.00 | -0.06 | 0.10 | 0.39 | 0.17 |
| Win Rate (%) | 59% | 44% | 59% | 59% | 63% | 59% | 61% | 63% | 47% | 59% | 66% | 56% |
| Winning / Losing Months | ▲19▼13 | ▲14▼18 | ▲19▼13 | ▲19▼13 | ▲20▼12 | ▲19▼13 | ▲19▼12 | ▲20▼12 | ▲15▼17 | ▲19▼13 | ▲21▼11 | ▲18▼14 |
| Longest Win / Loss Streak | ▲4▼4 | ▲3▼5 | ▲4▼3 | ▲4▼2 | ▲5▼4 | ▲3▼3 | ▲5▼2 | ▲10▼3 | ▲5▼5 | ▲5▼2 | ▲5▼5 | ▲5▼3 |
| Best | +21.7%in January 2023 | +17.7%in February 2021 | +10.8%in March 2021 | +15.3%in April 1998 | +17.1%in May 1997 | +25.6%in June 2001 | +23.6%in July 2010 | +12.8%in August 2007 | +20.8%in September 2019 | +20.0%in October 2022 | +29.5%in November 2024 | +18.3%in December 1999 |
| Worst | -15.3%in January 2000 | -20.8%in February 2020 | -18.2%in March 2020 | -13.2%in April 2024 | -14.6%in May 2019 | -11.6%in June 2024 | -12.1%in July 2007 | -13.6%in August 2019 | -10.4%in September 2022 | -17.0%in October 2018 | -9.6%in November 2017 | -11.1%in December 1994 |
−20.8%+29.5%
2026
Jan+0.7%
Feb+1.5%
Mar-2.3%
Apr+10.5%
May-6.2%
Jun+1.4%
Jul+0.2%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+1.1%
Feb-10.1%
Mar-10.7%
Apr-8.0%
May+6.2%
Jun+11.5%
Jul-1.8%
Aug+5.8%
Sep-1.2%
Oct-3.6%
Nov+4.8%
Dec+7.5%
2024
Jan-10.2%
Feb-11.4%
Mar+7.4%
Apr-13.2%
May+5.9%
Jun-11.6%
Jul+15.6%
Aug-11.7%
Sep-8.4%
Oct+0.4%
Nov+29.5%
Dec-7.5%
2023
Jan+21.7%
Feb+3.6%
Mar-5.5%
Apr+5.0%
May+2.3%
Jun+10.7%
Jul+7.7%
Aug-7.6%
Sep-7.7%
Oct-8.9%
Nov-3.0%
Dec+7.3%
2022
Jan-4.2%
Feb-4.9%
Mar-2.5%
Apr-7.9%
May+9.3%
Jun-11.4%
Jul-2.5%
Aug-9.8%
Sep-10.4%
Oct+20.0%
Nov+18.7%
Dec-3.8%
2021
Jan+3.8%
Feb+17.7%
Mar+10.8%
Apr+4.6%
May-5.1%
Jun-8.0%
Jul-3.8%
Aug+7.7%
Sep-6.3%
Oct-0.9%
Nov+1.5%
Dec+5.8%
2020
Jan-1.7%
Feb-20.8%
Mar-18.2%
Apr-1.0%
May-12.7%
Jun-7.7%
Jul+14.2%
Aug+1.4%
Sep+2.1%
Oct-2.4%
Nov+23.4%
Dec+10.0%
2019
Jan+9.5%
Feb-10.2%
Mar-7.1%
Apr+8.4%
May-14.6%
Jun+2.4%
Jul-2.0%
Aug-13.6%
Sep+20.8%
Oct+4.5%
Nov+4.3%
Dec-0.5%
2018
Jan+6.1%
Feb-8.2%
Mar-1.3%
Apr-2.5%
May+11.9%
Jun+6.9%
Jul-10.3%
Aug-1.2%
Sep-3.4%
Oct-17.0%
Nov+1.7%
Dec-3.6%
2017
Jan-12.2%
Feb-2.1%
Mar+2.7%
Apr+1.6%
May-7.0%
Jun-3.9%
Jul+7.3%
Aug-8.1%
Sep+3.3%
Oct+1.0%
Nov-9.6%
Dec-6.8%
2016
Jan-6.3%
Feb-5.1%
Mar+8.7%
Apr+2.6%
May+4.3%
Jun+1.4%
Jul+8.3%
Aug+2.3%
Sep-1.2%
Oct-1.4%
Nov+21.7%
Dec+5.6%
2015
Jan-4.5%
Feb+4.4%
Mar+6.5%
Apr-5.5%
May+2.3%
Jun+7.0%
Jul+1.6%
Aug-5.7%
Sep-3.6%
Oct+17.9%
Nov+3.9%
Dec-10.6%
2014
Jan+0.1%
Feb-3.5%
Mar-0.5%
Apr-0.9%
May+1.6%
Jun+1.4%
Jul+4.9%
Aug+6.1%
Sep-4.9%
Oct+5.0%
Nov+0.3%
Dec+5.6%
2013
Jan+2.3%
Feb+0.7%
Mar+5.9%
Apr+5.7%
May+4.2%
Jun-1.7%
Jul+2.9%
Aug-4.6%
Sep+3.2%
Oct+6.6%
Nov+4.2%
Dec+1.0%
2012
Jan+4.9%
Feb-5.6%
Mar+2.0%
Apr-4.9%
May+0.4%
Jun+7.9%
Jul-10.5%
Aug+3.2%
Sep-0.4%
Oct-3.5%
Nov+5.5%
Dec+6.1%
2011
Jan+1.5%
Feb+4.8%
Mar+3.8%
Apr+4.4%
May-2.6%
Jun+2.8%
Jul-9.7%
Aug-7.7%
Sep-8.0%
Oct+14.6%
Nov-5.6%
Dec-5.2%
2010
Jan-4.3%
Feb-1.0%
Mar+5.9%
Apr-1.2%
May-7.5%
Jun-9.5%
Jul+23.6%
Aug-12.8%
Sep+12.3%
Oct-6.4%
Nov-1.6%
Dec+7.7%
2009
Jan+6.3%
Feb-10.8%
Mar-17.1%
Apr+9.0%
May-8.8%
Jun+9.0%
Jul+0.7%
Aug+11.5%
Sep+1.6%
Oct+4.0%
Nov-5.7%
Dec+2.3%
2008
Jan+4.4%
Feb-8.2%
Mar+7.6%
Apr+2.5%
May-3.6%
Jun-4.9%
Jul+10.4%
Aug+0.6%
Sep+1.0%
Oct-11.9%
Nov-8.5%
Dec-10.2%
2007
Jan+3.2%
Feb-1.3%
Mar+1.7%
Apr+3.7%
May+4.8%
Jun-1.3%
Jul-12.1%
Aug+12.8%
Sep+1.5%
Oct+4.2%
Nov-3.1%
Dec+6.2%
2006
Jan+2.8%
Feb-0.6%
Mar+3.0%
Apr-9.0%
May+0.0%
Jun-0.9%
Jul-0.2%
Aug+3.7%
Sep+3.3%
Oct+4.6%
Nov+4.3%
Dec-1.8%
2005
Jan-5.6%
Feb+0.2%
Mar-5.8%
Apr+8.5%
May+4.2%
Jun+5.3%
Jul+0.2%
Aug+2.6%
Sep-5.5%
Oct-4.8%
Nov+9.3%
Dec-7.3%
2004
Jan+1.6%
Feb+3.8%
Mar+6.5%
Apr-8.0%
May+3.8%
Jun+4.1%
Jul+4.0%
Aug+3.4%
Sep-4.2%
Oct-1.0%
Nov+10.0%
Dec-0.2%
2003
Jan+2.4%
Feb-0.3%
Mar+1.4%
Apr+2.5%
May+1.6%
Jun+3.1%
Jul+4.2%
Aug+3.1%
Sep-0.5%
Oct+2.3%
Nov+5.5%
Dec+3.9%
2002
Jan+1.1%
Feb-2.6%
Mar+3.8%
Apr+8.9%
May-8.4%
Jun-6.6%
Jul+0.7%
Aug+3.2%
Sep-3.6%
Oct+0.1%
Nov-2.3%
Dec-2.1%
2001
Jan-1.6%
Feb+0.4%
Mar+5.1%
Apr+3.3%
May+3.8%
Jun+25.6%
Jul-0.9%
Aug+1.3%
Sep+0.1%
Oct+4.6%
Nov+4.6%
Dec+2.0%
2000
Jan-15.3%
Feb+4.0%
Mar-6.4%
Apr+1.9%
May+8.6%
Jun+16.0%
Jul-3.3%
Aug+3.6%
Sep+1.3%
Oct-8.0%
Nov+7.0%
Dec+9.3%
1999
Jan-10.2%
Feb+1.3%
Mar-4.3%
Apr-2.6%
May+8.9%
Jun+2.1%
Jul+3.2%
Aug-11.2%
Sep+11.1%
Oct-16.6%
Nov-7.4%
Dec+18.3%
1998
Jan-2.7%
Feb-1.8%
Mar-4.8%
Apr+15.3%
May+8.0%
Jun-1.1%
Jul-10.2%
Aug+11.9%
Sep+1.6%
Oct+10.6%
Nov+8.6%
Dec+5.0%
1997
Jan+0.4%
Feb+0.4%
Mar+6.9%
Apr-3.9%
May+17.1%
Jun+6.6%
Jul+10.1%
Aug-3.4%
Sep+2.6%
Oct+7.2%
Nov+0.3%
Dec+3.2%
1996
Jan+10.2%
Feb+14.8%
Mar+8.3%
Apr+4.7%
May+0.0%
Jun-1.5%
Jul+0.9%
Aug+8.9%
Sep-6.4%
Oct+5.1%
Nov-3.4%
Dec-1.0%
1995
Jan-1.8%
Feb+11.4%
Mar+3.7%
Apr+3.1%
May+3.4%
Jun+14.0%
Jul+5.2%
Aug+1.8%
Sep+0.6%
Oct+0.3%
Nov-4.8%
Dec+1.9%
1994
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug+1.6%
Sep-3.5%
Oct+0.8%
Nov+2.0%
Dec-11.1%
Avg
Jan+0.1%
Feb-1.2%
Mar+0.5%
Apr+1.2%
May+1.1%
Jun+2.2%
Jul+1.9%
Aug-0.0%
Sep-0.4%
Oct+0.9%
Nov+3.6%
Dec+1.2%
Median
Jan+0.9%
Feb-0.8%
Mar+2.4%
Apr+2.5%
May+2.3%
Jun+1.8%
Jul+0.9%
Aug+1.7%
Sep-0.5%
Oct+0.6%
Nov+2.9%
Dec+1.9%
Last 5Y Avg
Jan+1.8%
Feb-4.3%
Mar-2.7%
Apr-2.7%
May+3.5%
Jun+0.1%
Jul+3.0%
Aug-3.1%
Sep-6.8%
Oct+1.4%
Nov+10.3%
Dec+1.9%
Std Dev (σ)
Jan7.1%
Feb7.7%
Mar7.2%
Apr6.5%
May7.2%
Jun8.3%
Jul8.1%
Aug7.4%
Sep6.4%
Oct8.5%
Nov9.3%
Dec6.8%
Consistency (μ/σ)
Jan0.02
Feb-0.16
Mar0.07
Apr0.18
May0.16
Jun0.26
Jul0.23
Aug-0.00
Sep-0.06
Oct0.10
Nov0.39
Dec0.17
Win Rate (%)
Jan59%
Feb44%
Mar59%
Apr59%
May63%
Jun59%
Jul61%
Aug63%
Sep47%
Oct59%
Nov66%
Dec56%
Winning / Losing Months
Jan▲19▼13
Feb▲14▼18
Mar▲19▼13
Apr▲19▼13
May▲20▼12
Jun▲19▼13
Jul▲19▼12
Aug▲20▼12
Sep▲15▼17
Oct▲19▼13
Nov▲21▼11
Dec▲18▼14
Longest Win / Loss Streak
Jan▲4▼4
Feb▲3▼5
Mar▲4▼3
Apr▲4▼2
May▲5▼4
Jun▲3▼3
Jul▲5▼2
Aug▲10▼3
Sep▲5▼5
Oct▲5▼2
Nov▲5▼5
Dec▲5▼3
Best
Jan+21.7%2023
Feb+17.7%2021
Mar+10.8%2021
Apr+15.3%1998
May+17.1%1997
Jun+25.6%2001
Jul+23.6%2010
Aug+12.8%2007
Sep+20.8%2019
Oct+20.0%2022
Nov+29.5%2024
Dec+18.3%1999
Worst
Jan-15.3%2000
Feb-20.8%2020
Mar-18.2%2020
Apr-13.2%2024
May-14.6%2019
Jun-11.6%2024
Jul-12.1%2007
Aug-13.6%2019
Sep-10.4%2022
Oct-17.0%2018
Nov-9.6%2017
Dec-11.1%1994
−20.8%+29.5%
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