NVR (NVR) 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 | +4.7% | -1.5% | -12.3% | -4.2% | -3.3% | +4.4% | — | — | — | — | — | — |
| 2025 | -2.0% | -9.6% | -0.0% | -1.6% | -0.1% | +3.8% | +2.2% | +7.5% | -1.0% | -10.3% | +4.1% | -2.9% |
| 2024 | +1.1% | +7.8% | +6.2% | -8.2% | +3.3% | -1.2% | +13.4% | +6.6% | +7.0% | -6.7% | +0.9% | -11.4% |
| 2023 | +14.3% | -1.8% | +7.7% | +4.8% | -4.9% | +14.3% | -0.7% | +1.1% | -6.5% | -9.2% | +13.7% | +13.7% |
| 2022 | -9.8% | -6.9% | -9.9% | -2.0% | +1.7% | -10.0% | +9.7% | -5.8% | -3.7% | +6.3% | +9.5% | -0.6% |
| 2021 | +9.0% | +1.2% | +4.7% | +6.5% | -2.6% | +1.8% | +5.0% | -0.8% | -7.4% | +2.1% | +6.8% | +13.1% |
| 2020 | +0.2% | -3.9% | -29.9% | +20.7% | +3.9% | +1.2% | +20.6% | +6.1% | -2.0% | -3.2% | +1.1% | +2.1% |
| 2019 | +9.2% | -1.5% | +5.6% | +13.9% | +1.6% | +5.3% | -0.8% | +7.6% | +3.3% | -2.2% | +4.3% | +0.4% |
| 2018 | -9.4% | -10.5% | -1.5% | +10.7% | -3.5% | -0.7% | -7.1% | -3.3% | -7.4% | -9.4% | +9.4% | -0.5% |
| 2017 | +11.3% | +4.1% | +8.9% | +0.2% | +8.1% | +5.6% | +8.3% | +4.2% | +4.9% | +14.9% | +5.9% | +1.0% |
| 2016 | +0.5% | -0.8% | +5.8% | -4.1% | +4.3% | +2.7% | -4.2% | -1.1% | -2.8% | -7.1% | +4.7% | +4.6% |
| 2015 | -1.7% | +6.2% | -0.3% | -0.2% | +2.6% | -1.5% | +11.2% | +2.0% | +0.3% | +7.4% | +2.7% | -2.3% |
| 2014 | +12.4% | +3.3% | -3.8% | -6.1% | +3.4% | +3.3% | -2.1% | +4.1% | -3.7% | +8.6% | +2.5% | +1.3% |
| 2013 | +11.9% | -2.0% | +7.0% | -4.6% | -4.5% | -6.2% | +0.4% | -7.5% | +7.4% | -0.2% | +5.7% | +5.8% |
| 2012 | +1.1% | -0.2% | +5.0% | +7.9% | +2.7% | +5.6% | -8.9% | +7.0% | +2.0% | +7.0% | -0.4% | +2.2% |
| 2011 | +10.7% | -4.9% | +3.9% | -2.2% | +0.9% | -2.8% | -6.3% | -6.4% | -5.1% | +6.4% | +4.2% | +2.4% |
| 2010 | -3.7% | +3.5% | +2.6% | -1.2% | -4.6% | -4.4% | -4.4% | -3.6% | +7.2% | -3.1% | -1.2% | +11.5% |
| 2009 | -6.6% | -21.9% | +28.5% | +18.1% | -2.7% | +2.1% | +19.7% | +12.3% | -5.6% | +3.9% | +1.6% | +5.6% |
| 2008 | +20.5% | -14.4% | +10.5% | +2.7% | -7.8% | -11.5% | +10.4% | +8.2% | -4.3% | -14.3% | -11.4% | +5.1% |
| 2007 | +7.4% | -2.3% | -1.8% | +23.9% | -3.3% | -14.7% | -14.9% | -3.3% | -16.0% | +1.2% | +3.4% | +6.5% |
| 2006 | +13.1% | -5.2% | -1.9% | +2.2% | -19.3% | -19.3% | +0.8% | +3.8% | +4.2% | +5.0% | +6.0% | +8.4% |
| 2005 | +2.8% | +0.1% | -0.9% | -8.5% | +5.7% | +6.7% | +15.8% | -5.7% | -0.0% | -22.5% | +0.3% | +2.1% |
| 2004 | -6.8% | +6.4% | -0.5% | -2.0% | +1.5% | +5.8% | -3.8% | +7.8% | +9.7% | +13.8% | +10.2% | +11.4% |
| 2003 | +1.8% | -0.2% | -0.9% | +8.7% | +14.0% | +0.8% | -0.5% | +6.0% | +7.6% | +4.9% | +0.3% | -5.1% |
| 2002 | +17.6% | +21.8% | +8.0% | +17.2% | -10.5% | -2.4% | -10.7% | +2.8% | +1.1% | +13.1% | -2.4% | -1.4% |
| 2001 | -7.0% | +28.0% | +10.7% | +16.9% | -9.5% | -14.2% | +19.1% | -8.7% | -12.7% | +12.7% | +14.7% | +12.4% |
| 2000 | -5.2% | -2.5% | +22.4% | +14.8% | -11.3% | +3.6% | +8.1% | +19.3% | +10.2% | +27.7% | -12.0% | +35.8% |
| 1999 | -6.7% | -3.4% | -2.0% | +14.2% | +0.0% | +8.4% | +7.8% | +2.7% | -12.6% | -18.8% | +18.6% | -1.8% |
| 1998 | +14.3% | +29.5% | -2.5% | +9.7% | -7.2% | +27.8% | -4.1% | -17.3% | +1.4% | +3.0% | +15.8% | +21.1% |
| 1997 | -0.9% | -1.0% | +18.7% | -15.7% | +20.1% | -0.4% | +13.5% | +23.5% | +21.6% | -15.8% | +2.8% | -2.8% |
| 1996 | +3.8% | -3.7% | -4.4% | +6.0% | +4.9% | +4.7% | -2.2% | -13.8% | +0.6% | +0.0% | +7.3% | +28.3% |
| 1995 | +2.4% | +6.6% | -2.0% | +14.8% | +7.4% | +0.8% | -4.2% | +40.1% | -0.6% | +2.6% | -2.5% | +2.6% |
| 1994 | +12.8% | -13.6% | -21.1% | +0.0% | -6.7% | -10.7% | -1.9% | -4.1% | +0.0% | +2.0% | -12.5% | +4.8% |
| 1993 | +50.0% | -16.7% | +10.0% | -9.1% | -10.0% | -33.3% | +0.0% | +33.3% | -25.0% | +2,601.3% | -12.3% | +9.8% |
| 1992 | +86.3% | -8.0% | -24.7% | -39.2% | +9.1% | -25.0% | +11.1% | -10.0% | +11.1% | -20.0% | +0.0% | +0.0% |
| 1991 | +239.2% | +30.2% | +0.0% | +0.0% | -9.4% | -9.6% | -28.1% | +7.7% | -28.6% | -20.0% | +37.5% | +27.3% |
| 1990 | +0.0% | -6.6% | -5.6% | -23.5% | -23.1% | -30.0% | -28.6% | -25.0% | -46.7% | +0.0% | -37.5% | +0.0% |
| 1989 | +27.6% | -4.4% | +0.0% | +1.3% | +3.5% | -3.4% | +8.7% | +7.0% | -6.5% | -10.8% | -6.0% | -15.0% |
| 1988 | +53.3% | +0.0% | -9.4% | +4.7% | +16.3% | +16.0% | -5.0% | -7.4% | -8.0% | +4.4% | -4.4% | +4.6% |
| 1987 | +2.2% | +0.8% | +0.2% | +0.0% | +0.8% | -79.7% | -7.7% | -8.5% | -22.0% | -28.1% | -11.1% | -2.6% |
| 1986 | +9.8% | +20.2% | +26.3% | -16.1% | +3.6% | -11.2% | -8.6% | +20.1% | +29.8% | -7.1% | +0.8% | -1.6% |
| 1985 | — | — | — | — | — | — | — | -3.6% | -6.0% | -3.4% | +5.5% | +3.8% |
| Avg | +14.4% | +0.5% | +1.4% | +1.7% | -0.6% | -4.3% | +0.8% | +2.6% | -2.6% | +61.9% | +2.1% | +4.9% |
| Median | +3.8% | -1.5% | +0.0% | +0.2% | +0.8% | -0.5% | -0.6% | +2.7% | -1.0% | +0.0% | +2.7% | +2.4% |
| Last 5Y Avg | +1.6% | -2.4% | -1.7% | -2.2% | -0.7% | +1.7% | +5.9% | +1.7% | -2.3% | -3.6% | +7.0% | +2.4% |
| Std Dev (σ) | 40.3% | 11.5% | 11.6% | 12.3% | 8.5% | 17.0% | 11.2% | 12.4% | 13.0% | 406.7% | 11.2% | 9.9% |
| Consistency (μ/σ) | 0.36 | 0.05 | 0.12 | 0.14 | -0.07 | -0.25 | 0.07 | 0.21 | -0.20 | 0.15 | 0.19 | 0.49 |
| Win Rate (%) | 71% | 37% | 46% | 51% | 51% | 48% | 45% | 56% | 41% | 49% | 68% | 66% |
| Winning / Losing Months | ▲29▼12 | ▲15▼26 | ▲19▼22 | ▲21▼20 | ▲21▼20 | ▲19▼21 | ▲18▼22 | ▲23▼18 | ▲17▼24 | ▲20▼21 | ▲28▼13 | ▲27▼14 |
| Longest Win / Loss Streak | ▲6▼3 | ▲2▼4 | ▲6▼5 | ▲6▼5 | ▲4▼5 | ▲3▼6 | ▲3▼4 | ▲3▼2 | ▲3▼5 | ▲5▼4 | ▲13▼4 | ▲11▼2 |
| Best | +239.2%in January 1991 | +30.2%in February 1991 | +28.5%in March 2009 | +23.9%in April 2007 | +20.1%in May 1997 | +27.8%in June 1998 | +20.6%in July 2020 | +40.1%in August 1995 | +29.8%in September 1986 | +2,601.3%in October 1993 | +37.5%in November 1991 | +35.8%in December 2000 |
| Worst | -9.8%in January 2022 | -21.9%in February 2009 | -29.9%in March 2020 | -39.2%in April 1992 | -23.1%in May 1990 | -79.7%in June 1987 | -28.6%in July 1990 | -25.0%in August 1990 | -46.7%in September 1990 | -28.1%in October 1987 | -37.5%in November 1990 | -15.0%in December 1989 |
−79.7%+2601.3%
2026
Jan+4.7%
Feb-1.5%
Mar-12.3%
Apr-4.2%
May-3.3%
Jun+4.4%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-2.0%
Feb-9.6%
Mar-0.0%
Apr-1.6%
May-0.1%
Jun+3.8%
Jul+2.2%
Aug+7.5%
Sep-1.0%
Oct-10.3%
Nov+4.1%
Dec-2.9%
2024
Jan+1.1%
Feb+7.8%
Mar+6.2%
Apr-8.2%
May+3.3%
Jun-1.2%
Jul+13.4%
Aug+6.6%
Sep+7.0%
Oct-6.7%
Nov+0.9%
Dec-11.4%
2023
Jan+14.3%
Feb-1.8%
Mar+7.7%
Apr+4.8%
May-4.9%
Jun+14.3%
Jul-0.7%
Aug+1.1%
Sep-6.5%
Oct-9.2%
Nov+13.7%
Dec+13.7%
2022
Jan-9.8%
Feb-6.9%
Mar-9.9%
Apr-2.0%
May+1.7%
Jun-10.0%
Jul+9.7%
Aug-5.8%
Sep-3.7%
Oct+6.3%
Nov+9.5%
Dec-0.6%
2021
Jan+9.0%
Feb+1.2%
Mar+4.7%
Apr+6.5%
May-2.6%
Jun+1.8%
Jul+5.0%
Aug-0.8%
Sep-7.4%
Oct+2.1%
Nov+6.8%
Dec+13.1%
2020
Jan+0.2%
Feb-3.9%
Mar-29.9%
Apr+20.7%
May+3.9%
Jun+1.2%
Jul+20.6%
Aug+6.1%
Sep-2.0%
Oct-3.2%
Nov+1.1%
Dec+2.1%
2019
Jan+9.2%
Feb-1.5%
Mar+5.6%
Apr+13.9%
May+1.6%
Jun+5.3%
Jul-0.8%
Aug+7.6%
Sep+3.3%
Oct-2.2%
Nov+4.3%
Dec+0.4%
2018
Jan-9.4%
Feb-10.5%
Mar-1.5%
Apr+10.7%
May-3.5%
Jun-0.7%
Jul-7.1%
Aug-3.3%
Sep-7.4%
Oct-9.4%
Nov+9.4%
Dec-0.5%
2017
Jan+11.3%
Feb+4.1%
Mar+8.9%
Apr+0.2%
May+8.1%
Jun+5.6%
Jul+8.3%
Aug+4.2%
Sep+4.9%
Oct+14.9%
Nov+5.9%
Dec+1.0%
2016
Jan+0.5%
Feb-0.8%
Mar+5.8%
Apr-4.1%
May+4.3%
Jun+2.7%
Jul-4.2%
Aug-1.1%
Sep-2.8%
Oct-7.1%
Nov+4.7%
Dec+4.6%
2015
Jan-1.7%
Feb+6.2%
Mar-0.3%
Apr-0.2%
May+2.6%
Jun-1.5%
Jul+11.2%
Aug+2.0%
Sep+0.3%
Oct+7.4%
Nov+2.7%
Dec-2.3%
2014
Jan+12.4%
Feb+3.3%
Mar-3.8%
Apr-6.1%
May+3.4%
Jun+3.3%
Jul-2.1%
Aug+4.1%
Sep-3.7%
Oct+8.6%
Nov+2.5%
Dec+1.3%
2013
Jan+11.9%
Feb-2.0%
Mar+7.0%
Apr-4.6%
May-4.5%
Jun-6.2%
Jul+0.4%
Aug-7.5%
Sep+7.4%
Oct-0.2%
Nov+5.7%
Dec+5.8%
2012
Jan+1.1%
Feb-0.2%
Mar+5.0%
Apr+7.9%
May+2.7%
Jun+5.6%
Jul-8.9%
Aug+7.0%
Sep+2.0%
Oct+7.0%
Nov-0.4%
Dec+2.2%
2011
Jan+10.7%
Feb-4.9%
Mar+3.9%
Apr-2.2%
May+0.9%
Jun-2.8%
Jul-6.3%
Aug-6.4%
Sep-5.1%
Oct+6.4%
Nov+4.2%
Dec+2.4%
2010
Jan-3.7%
Feb+3.5%
Mar+2.6%
Apr-1.2%
May-4.6%
Jun-4.4%
Jul-4.4%
Aug-3.6%
Sep+7.2%
Oct-3.1%
Nov-1.2%
Dec+11.5%
2009
Jan-6.6%
Feb-21.9%
Mar+28.5%
Apr+18.1%
May-2.7%
Jun+2.1%
Jul+19.7%
Aug+12.3%
Sep-5.6%
Oct+3.9%
Nov+1.6%
Dec+5.6%
2008
Jan+20.5%
Feb-14.4%
Mar+10.5%
Apr+2.7%
May-7.8%
Jun-11.5%
Jul+10.4%
Aug+8.2%
Sep-4.3%
Oct-14.3%
Nov-11.4%
Dec+5.1%
2007
Jan+7.4%
Feb-2.3%
Mar-1.8%
Apr+23.9%
May-3.3%
Jun-14.7%
Jul-14.9%
Aug-3.3%
Sep-16.0%
Oct+1.2%
Nov+3.4%
Dec+6.5%
2006
Jan+13.1%
Feb-5.2%
Mar-1.9%
Apr+2.2%
May-19.3%
Jun-19.3%
Jul+0.8%
Aug+3.8%
Sep+4.2%
Oct+5.0%
Nov+6.0%
Dec+8.4%
2005
Jan+2.8%
Feb+0.1%
Mar-0.9%
Apr-8.5%
May+5.7%
Jun+6.7%
Jul+15.8%
Aug-5.7%
Sep-0.0%
Oct-22.5%
Nov+0.3%
Dec+2.1%
2004
Jan-6.8%
Feb+6.4%
Mar-0.5%
Apr-2.0%
May+1.5%
Jun+5.8%
Jul-3.8%
Aug+7.8%
Sep+9.7%
Oct+13.8%
Nov+10.2%
Dec+11.4%
2003
Jan+1.8%
Feb-0.2%
Mar-0.9%
Apr+8.7%
May+14.0%
Jun+0.8%
Jul-0.5%
Aug+6.0%
Sep+7.6%
Oct+4.9%
Nov+0.3%
Dec-5.1%
2002
Jan+17.6%
Feb+21.8%
Mar+8.0%
Apr+17.2%
May-10.5%
Jun-2.4%
Jul-10.7%
Aug+2.8%
Sep+1.1%
Oct+13.1%
Nov-2.4%
Dec-1.4%
2001
Jan-7.0%
Feb+28.0%
Mar+10.7%
Apr+16.9%
May-9.5%
Jun-14.2%
Jul+19.1%
Aug-8.7%
Sep-12.7%
Oct+12.7%
Nov+14.7%
Dec+12.4%
2000
Jan-5.2%
Feb-2.5%
Mar+22.4%
Apr+14.8%
May-11.3%
Jun+3.6%
Jul+8.1%
Aug+19.3%
Sep+10.2%
Oct+27.7%
Nov-12.0%
Dec+35.8%
1999
Jan-6.7%
Feb-3.4%
Mar-2.0%
Apr+14.2%
May+0.0%
Jun+8.4%
Jul+7.8%
Aug+2.7%
Sep-12.6%
Oct-18.8%
Nov+18.6%
Dec-1.8%
1998
Jan+14.3%
Feb+29.5%
Mar-2.5%
Apr+9.7%
May-7.2%
Jun+27.8%
Jul-4.1%
Aug-17.3%
Sep+1.4%
Oct+3.0%
Nov+15.8%
Dec+21.1%
1997
Jan-0.9%
Feb-1.0%
Mar+18.7%
Apr-15.7%
May+20.1%
Jun-0.4%
Jul+13.5%
Aug+23.5%
Sep+21.6%
Oct-15.8%
Nov+2.8%
Dec-2.8%
1996
Jan+3.8%
Feb-3.7%
Mar-4.4%
Apr+6.0%
May+4.9%
Jun+4.7%
Jul-2.2%
Aug-13.8%
Sep+0.6%
Oct+0.0%
Nov+7.3%
Dec+28.3%
1995
Jan+2.4%
Feb+6.6%
Mar-2.0%
Apr+14.8%
May+7.4%
Jun+0.8%
Jul-4.2%
Aug+40.1%
Sep-0.6%
Oct+2.6%
Nov-2.5%
Dec+2.6%
1994
Jan+12.8%
Feb-13.6%
Mar-21.1%
Apr+0.0%
May-6.7%
Jun-10.7%
Jul-1.9%
Aug-4.1%
Sep+0.0%
Oct+2.0%
Nov-12.5%
Dec+4.8%
1993
Jan+50.0%
Feb-16.7%
Mar+10.0%
Apr-9.1%
May-10.0%
Jun-33.3%
Jul+0.0%
Aug+33.3%
Sep-25.0%
Oct+2,601.3%
Nov-12.3%
Dec+9.8%
1992
Jan+86.3%
Feb-8.0%
Mar-24.7%
Apr-39.2%
May+9.1%
Jun-25.0%
Jul+11.1%
Aug-10.0%
Sep+11.1%
Oct-20.0%
Nov+0.0%
Dec+0.0%
1991
Jan+239.2%
Feb+30.2%
Mar+0.0%
Apr+0.0%
May-9.4%
Jun-9.6%
Jul-28.1%
Aug+7.7%
Sep-28.6%
Oct-20.0%
Nov+37.5%
Dec+27.3%
1990
Jan+0.0%
Feb-6.6%
Mar-5.6%
Apr-23.5%
May-23.1%
Jun-30.0%
Jul-28.6%
Aug-25.0%
Sep-46.7%
Oct+0.0%
Nov-37.5%
Dec+0.0%
1989
Jan+27.6%
Feb-4.4%
Mar+0.0%
Apr+1.3%
May+3.5%
Jun-3.4%
Jul+8.7%
Aug+7.0%
Sep-6.5%
Oct-10.8%
Nov-6.0%
Dec-15.0%
1988
Jan+53.3%
Feb+0.0%
Mar-9.4%
Apr+4.7%
May+16.3%
Jun+16.0%
Jul-5.0%
Aug-7.4%
Sep-8.0%
Oct+4.4%
Nov-4.4%
Dec+4.6%
1987
Jan+2.2%
Feb+0.8%
Mar+0.2%
Apr+0.0%
May+0.8%
Jun-79.7%
Jul-7.7%
Aug-8.5%
Sep-22.0%
Oct-28.1%
Nov-11.1%
Dec-2.6%
1986
Jan+9.8%
Feb+20.2%
Mar+26.3%
Apr-16.1%
May+3.6%
Jun-11.2%
Jul-8.6%
Aug+20.1%
Sep+29.8%
Oct-7.1%
Nov+0.8%
Dec-1.6%
1985
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug-3.6%
Sep-6.0%
Oct-3.4%
Nov+5.5%
Dec+3.8%
Avg
Jan+14.4%
Feb+0.5%
Mar+1.4%
Apr+1.7%
May-0.6%
Jun-4.3%
Jul+0.8%
Aug+2.6%
Sep-2.6%
Oct+61.9%
Nov+2.1%
Dec+4.9%
Median
Jan+3.8%
Feb-1.5%
Mar+0.0%
Apr+0.2%
May+0.8%
Jun-0.5%
Jul-0.6%
Aug+2.7%
Sep-1.0%
Oct+0.0%
Nov+2.7%
Dec+2.4%
Last 5Y Avg
Jan+1.6%
Feb-2.4%
Mar-1.7%
Apr-2.2%
May-0.7%
Jun+1.7%
Jul+5.9%
Aug+1.7%
Sep-2.3%
Oct-3.6%
Nov+7.0%
Dec+2.4%
Std Dev (σ)
Jan40.3%
Feb11.5%
Mar11.6%
Apr12.3%
May8.5%
Jun17.0%
Jul11.2%
Aug12.4%
Sep13.0%
Oct406.7%
Nov11.2%
Dec9.9%
Consistency (μ/σ)
Jan0.36
Feb0.05
Mar0.12
Apr0.14
May-0.07
Jun-0.25
Jul0.07
Aug0.21
Sep-0.20
Oct0.15
Nov0.19
Dec0.49
Win Rate (%)
Jan71%
Feb37%
Mar46%
Apr51%
May51%
Jun48%
Jul45%
Aug56%
Sep41%
Oct49%
Nov68%
Dec66%
Winning / Losing Months
Jan▲29▼12
Feb▲15▼26
Mar▲19▼22
Apr▲21▼20
May▲21▼20
Jun▲19▼21
Jul▲18▼22
Aug▲23▼18
Sep▲17▼24
Oct▲20▼21
Nov▲28▼13
Dec▲27▼14
Longest Win / Loss Streak
Jan▲6▼3
Feb▲2▼4
Mar▲6▼5
Apr▲6▼5
May▲4▼5
Jun▲3▼6
Jul▲3▼4
Aug▲3▼2
Sep▲3▼5
Oct▲5▼4
Nov▲13▼4
Dec▲11▼2
Best
Jan+239.2%1991
Feb+30.2%1991
Mar+28.5%2009
Apr+23.9%2007
May+20.1%1997
Jun+27.8%1998
Jul+20.6%2020
Aug+40.1%1995
Sep+29.8%1986
Oct+2,601.3%1993
Nov+37.5%1991
Dec+35.8%2000
Worst
Jan-9.8%2022
Feb-21.9%2009
Mar-29.9%2020
Apr-39.2%1992
May-23.1%1990
Jun-79.7%1987
Jul-28.6%1990
Aug-25.0%1990
Sep-46.7%1990
Oct-28.1%1987
Nov-37.5%1990
Dec-15.0%1989
−79.7%+2601.3%
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