Polaris (PII) 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 | +0.9% | -4.9% | -9.3% | +21.6% | +6.5% | -2.1% | -3.8% | — | — | — | — | — |
| 2025 | -17.2% | -5.8% | -7.5% | -17.0% | +15.5% | +5.4% | +30.1% | +6.9% | +4.0% | +13.7% | +0.4% | -3.7% |
| 2024 | -5.1% | +3.8% | +8.0% | -14.9% | -1.8% | -5.6% | +6.3% | +1.6% | -0.9% | -16.0% | -1.3% | -15.7% |
| 2023 | +13.7% | -0.4% | -2.7% | -1.8% | -0.3% | +12.3% | +12.3% | -17.0% | -7.1% | -17.0% | -3.8% | +14.9% |
| 2022 | +2.4% | +8.5% | -13.3% | -9.9% | +12.9% | -6.8% | +18.1% | -2.9% | -15.6% | +6.2% | +12.9% | -11.5% |
| 2021 | +22.4% | +1.5% | +13.4% | +4.9% | -5.8% | +4.4% | -4.3% | -8.2% | -0.1% | -3.9% | -2.2% | -1.7% |
| 2020 | -9.7% | -9.5% | -41.7% | +47.3% | +23.1% | +6.7% | +12.0% | -1.9% | -6.6% | -3.7% | +6.4% | -0.7% |
| 2019 | +9.4% | +2.3% | -0.9% | +14.2% | -16.5% | +14.2% | +3.8% | -12.7% | +7.3% | +12.1% | -0.4% | +4.1% |
| 2018 | -8.9% | +1.4% | +0.5% | -8.5% | +7.3% | +9.2% | -13.7% | +3.4% | -6.9% | -11.9% | +9.7% | -21.0% |
| 2017 | +2.0% | +1.4% | -1.6% | +1.7% | -2.0% | +10.3% | -2.8% | +4.6% | +12.2% | +13.2% | +7.7% | -2.4% |
| 2016 | -14.1% | +19.8% | +12.0% | -0.6% | -12.6% | -3.8% | +20.8% | -11.7% | -10.6% | -1.1% | +14.1% | -5.2% |
| 2015 | -4.4% | +6.4% | -8.0% | -2.9% | +4.8% | +3.5% | -7.5% | -4.9% | -7.7% | -6.3% | -5.7% | -18.5% |
| 2014 | -14.0% | +7.4% | +4.2% | -3.9% | -3.7% | +1.0% | +13.3% | -1.1% | +3.0% | +0.7% | +4.2% | -3.5% |
| 2013 | +3.5% | +0.8% | +5.9% | -6.8% | +11.3% | -0.5% | +18.1% | -2.3% | +18.3% | +1.4% | +2.2% | +9.1% |
| 2012 | +15.0% | +3.2% | +9.2% | +10.1% | -3.9% | -5.9% | +5.1% | +0.5% | +7.6% | +4.5% | +0.8% | -0.8% |
| 2011 | -0.8% | -1.9% | +15.4% | +21.7% | +4.7% | +0.8% | +7.1% | -7.3% | -9.1% | +27.2% | -5.1% | -6.9% |
| 2010 | +2.3% | +3.5% | +11.8% | +16.5% | -0.8% | -7.0% | +10.1% | -10.6% | +22.0% | +9.8% | +2.2% | +7.3% |
| 2009 | -24.4% | -13.5% | +16.6% | +58.0% | -5.1% | +1.1% | +19.0% | -0.4% | +8.1% | +4.1% | +3.8% | +0.0% |
| 2008 | -8.0% | -12.3% | +7.4% | +14.5% | +2.5% | -15.4% | +6.9% | +5.4% | +0.8% | -25.1% | -18.9% | +4.9% |
| 2007 | +0.6% | +2.4% | +0.2% | +6.0% | +9.1% | -1.7% | -8.2% | -3.3% | -8.7% | +13.5% | -7.4% | +4.9% |
| 2006 | +9.3% | -8.3% | +9.0% | -11.6% | -7.0% | -2.7% | -11.0% | -0.4% | +8.1% | +4.8% | +5.2% | +4.0% |
| 2005 | -0.3% | +3.4% | +0.7% | -17.7% | -8.8% | +2.9% | +3.0% | -4.8% | -6.0% | -8.4% | +9.6% | +1.5% |
| 2004 | -5.9% | +2.1% | +7.3% | -5.2% | +1.2% | +10.6% | +0.1% | -1.4% | +18.4% | +6.7% | +11.1% | +3.2% |
| 2003 | -11.5% | -6.2% | +2.8% | +6.9% | +13.6% | +2.2% | +29.1% | -2.2% | -4.0% | +15.9% | +0.7% | +2.8% |
| 2002 | -1.0% | -1.9% | +14.2% | +18.7% | -7.6% | -6.6% | +5.0% | +7.9% | -15.5% | +2.1% | +2.9% | -9.7% |
| 2001 | +16.6% | +1.6% | -3.5% | -13.7% | +11.2% | +6.4% | +7.2% | +3.1% | -23.7% | +17.7% | +17.8% | +9.1% |
| 2000 | -10.2% | -5.3% | -1.5% | +2.6% | -2.0% | +6.4% | -4.6% | +12.6% | +3.4% | -0.9% | +5.9% | +8.1% |
| 1999 | -15.9% | -13.8% | +12.7% | +19.0% | +14.5% | +0.9% | -9.1% | -8.8% | -3.5% | +1.4% | +10.3% | -5.9% |
| 1998 | -1.1% | +9.2% | +12.6% | -3.1% | -1.8% | +7.1% | +1.9% | -20.5% | +2.4% | +11.4% | +1.4% | +12.4% |
| 1997 | +5.6% | +2.3% | -9.4% | +19.4% | +7.8% | +9.7% | -10.4% | -0.6% | +2.3% | +3.3% | +0.3% | +0.8% |
| 1996 | +2.0% | +1.4% | +1.7% | +13.8% | -0.7% | -1.5% | -18.6% | +4.0% | -21.1% | -12.6% | +11.5% | +8.8% |
| 1995 | -13.5% | +2.3% | +10.4% | -5.9% | +2.5% | -9.4% | -1.7% | +10.2% | +5.9% | -4.1% | +9.8% | -4.4% |
| 1994 | -3.3% | +10.1% | -12.7% | +6.0% | +3.3% | -1.8% | +7.5% | -0.4% | +10.5% | +16.6% | +0.7% | +17.5% |
| 1993 | +0.0% | +3.8% | +12.4% | +5.2% | +6.2% | +9.9% | +1.1% | +13.6% | -6.5% | +13.3% | -3.9% | -3.2% |
| 1992 | +0.3% | +2.0% | +4.0% | +1.0% | +11.3% | +1.7% | +5.8% | +2.4% | -0.8% | +3.1% | +0.0% | -0.8% |
| 1991 | +3.5% | +9.5% | +1.4% | +7.1% | +7.4% | +1.3% | +1.9% | +6.9% | +2.5% | +4.1% | +6.3% | +2.3% |
| 1990 | +7.8% | +12.3% | +12.0% | +6.0% | +5.3% | +1.9% | -4.8% | -6.5% | -12.4% | +6.9% | +5.2% | -6.9% |
| 1989 | +13.3% | +1.4% | +64.7% | +6.4% | -3.0% | +60.5% | +11.5% | +4.4% | +42.2% | +6.3% | +10.4% | -6.0% |
| 1988 | +1.5% | +3.0% | +54.4% | +3.1% | +1.5% | +69.0% | -0.8% | +5.5% | +72.1% | -0.8% | +5.3% | +66.1% |
| 1987 | — | — | — | — | — | — | — | — | — | -9.9% | -2.1% | +69.6% |
| Avg | -0.9% | +1.1% | +5.4% | +5.3% | +2.6% | +4.8% | +4.2% | -1.0% | +2.2% | +2.5% | +3.3% | +3.2% |
| Median | +0.0% | +2.0% | +4.2% | +4.9% | +2.5% | +1.7% | +4.4% | -0.5% | +0.4% | +3.3% | +2.9% | +0.0% |
| Last 5Y Avg | -1.0% | +0.2% | -5.0% | -4.4% | +6.6% | +0.6% | +12.5% | -3.9% | -3.9% | -3.4% | +1.2% | -3.5% |
| Std Dev (σ) | 10.2% | 7.0% | 16.8% | 15.6% | 8.3% | 15.5% | 11.2% | 7.6% | 17.1% | 10.8% | 7.0% | 17.4% |
| Consistency (μ/σ) | -0.09 | 0.16 | 0.32 | 0.34 | 0.31 | 0.31 | 0.37 | -0.13 | 0.13 | 0.23 | 0.47 | 0.18 |
| Win Rate (%) | 49% | 69% | 69% | 62% | 56% | 64% | 66% | 42% | 50% | 64% | 72% | 49% |
| Winning / Losing Months | ▲19▼20 | ▲27▼12 | ▲27▼12 | ▲24▼15 | ▲22▼17 | ▲25▼14 | ▲25▼13 | ▲16▼22 | ▲19▼19 | ▲25▼14 | ▲28▼11 | ▲19▼20 |
| Longest Win / Loss Streak | ▲5▼4 | ▲11▼2 | ▲13▼2 | ▲7▼4 | ▲6▼2 | ▲6▼3 | ▲7▼3 | ▲3▼5 | ▲3▼5 | ▲6▼2 | ▲13▼2 | ▲6▼5 |
| Best | +22.4%in January 2021 | +19.8%in February 2016 | +64.7%in March 1989 | +58.0%in April 2009 | +23.1%in May 2020 | +69.0%in June 1988 | +30.1%in July 2025 | +13.6%in August 1993 | +72.1%in September 1988 | +27.2%in October 2011 | +17.8%in November 2001 | +69.6%in December 1987 |
| Worst | -24.4%in January 2009 | -13.8%in February 1999 | -41.7%in March 2020 | -17.7%in April 2005 | -16.5%in May 2019 | -15.4%in June 2008 | -18.6%in July 1996 | -20.5%in August 1998 | -23.7%in September 2001 | -25.1%in October 2008 | -18.9%in November 2008 | -21.0%in December 2018 |
−41.7%+72.1%
2026
Jan+0.9%
Feb-4.9%
Mar-9.3%
Apr+21.6%
May+6.5%
Jun-2.1%
Jul-3.8%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan-17.2%
Feb-5.8%
Mar-7.5%
Apr-17.0%
May+15.5%
Jun+5.4%
Jul+30.1%
Aug+6.9%
Sep+4.0%
Oct+13.7%
Nov+0.4%
Dec-3.7%
2024
Jan-5.1%
Feb+3.8%
Mar+8.0%
Apr-14.9%
May-1.8%
Jun-5.6%
Jul+6.3%
Aug+1.6%
Sep-0.9%
Oct-16.0%
Nov-1.3%
Dec-15.7%
2023
Jan+13.7%
Feb-0.4%
Mar-2.7%
Apr-1.8%
May-0.3%
Jun+12.3%
Jul+12.3%
Aug-17.0%
Sep-7.1%
Oct-17.0%
Nov-3.8%
Dec+14.9%
2022
Jan+2.4%
Feb+8.5%
Mar-13.3%
Apr-9.9%
May+12.9%
Jun-6.8%
Jul+18.1%
Aug-2.9%
Sep-15.6%
Oct+6.2%
Nov+12.9%
Dec-11.5%
2021
Jan+22.4%
Feb+1.5%
Mar+13.4%
Apr+4.9%
May-5.8%
Jun+4.4%
Jul-4.3%
Aug-8.2%
Sep-0.1%
Oct-3.9%
Nov-2.2%
Dec-1.7%
2020
Jan-9.7%
Feb-9.5%
Mar-41.7%
Apr+47.3%
May+23.1%
Jun+6.7%
Jul+12.0%
Aug-1.9%
Sep-6.6%
Oct-3.7%
Nov+6.4%
Dec-0.7%
2019
Jan+9.4%
Feb+2.3%
Mar-0.9%
Apr+14.2%
May-16.5%
Jun+14.2%
Jul+3.8%
Aug-12.7%
Sep+7.3%
Oct+12.1%
Nov-0.4%
Dec+4.1%
2018
Jan-8.9%
Feb+1.4%
Mar+0.5%
Apr-8.5%
May+7.3%
Jun+9.2%
Jul-13.7%
Aug+3.4%
Sep-6.9%
Oct-11.9%
Nov+9.7%
Dec-21.0%
2017
Jan+2.0%
Feb+1.4%
Mar-1.6%
Apr+1.7%
May-2.0%
Jun+10.3%
Jul-2.8%
Aug+4.6%
Sep+12.2%
Oct+13.2%
Nov+7.7%
Dec-2.4%
2016
Jan-14.1%
Feb+19.8%
Mar+12.0%
Apr-0.6%
May-12.6%
Jun-3.8%
Jul+20.8%
Aug-11.7%
Sep-10.6%
Oct-1.1%
Nov+14.1%
Dec-5.2%
2015
Jan-4.4%
Feb+6.4%
Mar-8.0%
Apr-2.9%
May+4.8%
Jun+3.5%
Jul-7.5%
Aug-4.9%
Sep-7.7%
Oct-6.3%
Nov-5.7%
Dec-18.5%
2014
Jan-14.0%
Feb+7.4%
Mar+4.2%
Apr-3.9%
May-3.7%
Jun+1.0%
Jul+13.3%
Aug-1.1%
Sep+3.0%
Oct+0.7%
Nov+4.2%
Dec-3.5%
2013
Jan+3.5%
Feb+0.8%
Mar+5.9%
Apr-6.8%
May+11.3%
Jun-0.5%
Jul+18.1%
Aug-2.3%
Sep+18.3%
Oct+1.4%
Nov+2.2%
Dec+9.1%
2012
Jan+15.0%
Feb+3.2%
Mar+9.2%
Apr+10.1%
May-3.9%
Jun-5.9%
Jul+5.1%
Aug+0.5%
Sep+7.6%
Oct+4.5%
Nov+0.8%
Dec-0.8%
2011
Jan-0.8%
Feb-1.9%
Mar+15.4%
Apr+21.7%
May+4.7%
Jun+0.8%
Jul+7.1%
Aug-7.3%
Sep-9.1%
Oct+27.2%
Nov-5.1%
Dec-6.9%
2010
Jan+2.3%
Feb+3.5%
Mar+11.8%
Apr+16.5%
May-0.8%
Jun-7.0%
Jul+10.1%
Aug-10.6%
Sep+22.0%
Oct+9.8%
Nov+2.2%
Dec+7.3%
2009
Jan-24.4%
Feb-13.5%
Mar+16.6%
Apr+58.0%
May-5.1%
Jun+1.1%
Jul+19.0%
Aug-0.4%
Sep+8.1%
Oct+4.1%
Nov+3.8%
Dec+0.0%
2008
Jan-8.0%
Feb-12.3%
Mar+7.4%
Apr+14.5%
May+2.5%
Jun-15.4%
Jul+6.9%
Aug+5.4%
Sep+0.8%
Oct-25.1%
Nov-18.9%
Dec+4.9%
2007
Jan+0.6%
Feb+2.4%
Mar+0.2%
Apr+6.0%
May+9.1%
Jun-1.7%
Jul-8.2%
Aug-3.3%
Sep-8.7%
Oct+13.5%
Nov-7.4%
Dec+4.9%
2006
Jan+9.3%
Feb-8.3%
Mar+9.0%
Apr-11.6%
May-7.0%
Jun-2.7%
Jul-11.0%
Aug-0.4%
Sep+8.1%
Oct+4.8%
Nov+5.2%
Dec+4.0%
2005
Jan-0.3%
Feb+3.4%
Mar+0.7%
Apr-17.7%
May-8.8%
Jun+2.9%
Jul+3.0%
Aug-4.8%
Sep-6.0%
Oct-8.4%
Nov+9.6%
Dec+1.5%
2004
Jan-5.9%
Feb+2.1%
Mar+7.3%
Apr-5.2%
May+1.2%
Jun+10.6%
Jul+0.1%
Aug-1.4%
Sep+18.4%
Oct+6.7%
Nov+11.1%
Dec+3.2%
2003
Jan-11.5%
Feb-6.2%
Mar+2.8%
Apr+6.9%
May+13.6%
Jun+2.2%
Jul+29.1%
Aug-2.2%
Sep-4.0%
Oct+15.9%
Nov+0.7%
Dec+2.8%
2002
Jan-1.0%
Feb-1.9%
Mar+14.2%
Apr+18.7%
May-7.6%
Jun-6.6%
Jul+5.0%
Aug+7.9%
Sep-15.5%
Oct+2.1%
Nov+2.9%
Dec-9.7%
2001
Jan+16.6%
Feb+1.6%
Mar-3.5%
Apr-13.7%
May+11.2%
Jun+6.4%
Jul+7.2%
Aug+3.1%
Sep-23.7%
Oct+17.7%
Nov+17.8%
Dec+9.1%
2000
Jan-10.2%
Feb-5.3%
Mar-1.5%
Apr+2.6%
May-2.0%
Jun+6.4%
Jul-4.6%
Aug+12.6%
Sep+3.4%
Oct-0.9%
Nov+5.9%
Dec+8.1%
1999
Jan-15.9%
Feb-13.8%
Mar+12.7%
Apr+19.0%
May+14.5%
Jun+0.9%
Jul-9.1%
Aug-8.8%
Sep-3.5%
Oct+1.4%
Nov+10.3%
Dec-5.9%
1998
Jan-1.1%
Feb+9.2%
Mar+12.6%
Apr-3.1%
May-1.8%
Jun+7.1%
Jul+1.9%
Aug-20.5%
Sep+2.4%
Oct+11.4%
Nov+1.4%
Dec+12.4%
1997
Jan+5.6%
Feb+2.3%
Mar-9.4%
Apr+19.4%
May+7.8%
Jun+9.7%
Jul-10.4%
Aug-0.6%
Sep+2.3%
Oct+3.3%
Nov+0.3%
Dec+0.8%
1996
Jan+2.0%
Feb+1.4%
Mar+1.7%
Apr+13.8%
May-0.7%
Jun-1.5%
Jul-18.6%
Aug+4.0%
Sep-21.1%
Oct-12.6%
Nov+11.5%
Dec+8.8%
1995
Jan-13.5%
Feb+2.3%
Mar+10.4%
Apr-5.9%
May+2.5%
Jun-9.4%
Jul-1.7%
Aug+10.2%
Sep+5.9%
Oct-4.1%
Nov+9.8%
Dec-4.4%
1994
Jan-3.3%
Feb+10.1%
Mar-12.7%
Apr+6.0%
May+3.3%
Jun-1.8%
Jul+7.5%
Aug-0.4%
Sep+10.5%
Oct+16.6%
Nov+0.7%
Dec+17.5%
1993
Jan+0.0%
Feb+3.8%
Mar+12.4%
Apr+5.2%
May+6.2%
Jun+9.9%
Jul+1.1%
Aug+13.6%
Sep-6.5%
Oct+13.3%
Nov-3.9%
Dec-3.2%
1992
Jan+0.3%
Feb+2.0%
Mar+4.0%
Apr+1.0%
May+11.3%
Jun+1.7%
Jul+5.8%
Aug+2.4%
Sep-0.8%
Oct+3.1%
Nov+0.0%
Dec-0.8%
1991
Jan+3.5%
Feb+9.5%
Mar+1.4%
Apr+7.1%
May+7.4%
Jun+1.3%
Jul+1.9%
Aug+6.9%
Sep+2.5%
Oct+4.1%
Nov+6.3%
Dec+2.3%
1990
Jan+7.8%
Feb+12.3%
Mar+12.0%
Apr+6.0%
May+5.3%
Jun+1.9%
Jul-4.8%
Aug-6.5%
Sep-12.4%
Oct+6.9%
Nov+5.2%
Dec-6.9%
1989
Jan+13.3%
Feb+1.4%
Mar+64.7%
Apr+6.4%
May-3.0%
Jun+60.5%
Jul+11.5%
Aug+4.4%
Sep+42.2%
Oct+6.3%
Nov+10.4%
Dec-6.0%
1988
Jan+1.5%
Feb+3.0%
Mar+54.4%
Apr+3.1%
May+1.5%
Jun+69.0%
Jul-0.8%
Aug+5.5%
Sep+72.1%
Oct-0.8%
Nov+5.3%
Dec+66.1%
1987
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep—
Oct-9.9%
Nov-2.1%
Dec+69.6%
Avg
Jan-0.9%
Feb+1.1%
Mar+5.4%
Apr+5.3%
May+2.6%
Jun+4.8%
Jul+4.2%
Aug-1.0%
Sep+2.2%
Oct+2.5%
Nov+3.3%
Dec+3.2%
Median
Jan+0.0%
Feb+2.0%
Mar+4.2%
Apr+4.9%
May+2.5%
Jun+1.7%
Jul+4.4%
Aug-0.5%
Sep+0.4%
Oct+3.3%
Nov+2.9%
Dec+0.0%
Last 5Y Avg
Jan-1.0%
Feb+0.2%
Mar-5.0%
Apr-4.4%
May+6.6%
Jun+0.6%
Jul+12.5%
Aug-3.9%
Sep-3.9%
Oct-3.4%
Nov+1.2%
Dec-3.5%
Std Dev (σ)
Jan10.2%
Feb7.0%
Mar16.8%
Apr15.6%
May8.3%
Jun15.5%
Jul11.2%
Aug7.6%
Sep17.1%
Oct10.8%
Nov7.0%
Dec17.4%
Consistency (μ/σ)
Jan-0.09
Feb0.16
Mar0.32
Apr0.34
May0.31
Jun0.31
Jul0.37
Aug-0.13
Sep0.13
Oct0.23
Nov0.47
Dec0.18
Win Rate (%)
Jan49%
Feb69%
Mar69%
Apr62%
May56%
Jun64%
Jul66%
Aug42%
Sep50%
Oct64%
Nov72%
Dec49%
Winning / Losing Months
Jan▲19▼20
Feb▲27▼12
Mar▲27▼12
Apr▲24▼15
May▲22▼17
Jun▲25▼14
Jul▲25▼13
Aug▲16▼22
Sep▲19▼19
Oct▲25▼14
Nov▲28▼11
Dec▲19▼20
Longest Win / Loss Streak
Jan▲5▼4
Feb▲11▼2
Mar▲13▼2
Apr▲7▼4
May▲6▼2
Jun▲6▼3
Jul▲7▼3
Aug▲3▼5
Sep▲3▼5
Oct▲6▼2
Nov▲13▼2
Dec▲6▼5
Best
Jan+22.4%2021
Feb+19.8%2016
Mar+64.7%1989
Apr+58.0%2009
May+23.1%2020
Jun+69.0%1988
Jul+30.1%2025
Aug+13.6%1993
Sep+72.1%1988
Oct+27.2%2011
Nov+17.8%2001
Dec+69.6%1987
Worst
Jan-24.4%2009
Feb-13.8%1999
Mar-41.7%2020
Apr-17.7%2005
May-16.5%2019
Jun-15.4%2008
Jul-18.6%1996
Aug-20.5%1998
Sep-23.7%2001
Oct-25.1%2008
Nov-18.9%2008
Dec-21.0%2018
−41.7%+72.1%
Frequently asked questions
Data & methodology
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Income Statement
Balance Sheet
Cash Flow
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Operations
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Overview
Income Statement