United Bankshares (UBSI) 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 | +10.2% | -2.4% | +1.3% | +5.8% | -0.9% | +6.5% | +0.2% | — | — | — | — | — |
| 2025 | +2.5% | -6.1% | -3.0% | -1.1% | +5.4% | +1.8% | -2.5% | +7.9% | -2.0% | -3.8% | +4.1% | +4.1% |
| 2024 | -4.5% | -3.2% | +4.3% | -9.3% | -0.1% | +1.2% | +20.0% | -0.2% | -3.6% | +1.6% | +12.2% | -10.4% |
| 2023 | -0.7% | +1.4% | -12.9% | -5.9% | -11.2% | +1.9% | +12.7% | -10.0% | -7.1% | +3.1% | +16.4% | +14.6% |
| 2022 | -2.6% | +3.7% | -3.7% | -4.7% | +12.9% | -5.7% | +10.5% | -4.2% | -2.7% | +18.5% | +1.3% | -4.8% |
| 2021 | -2.3% | +16.7% | +5.3% | +1.8% | +4.9% | -10.6% | -5.4% | +5.2% | +1.2% | +1.7% | -3.4% | +2.6% |
| 2020 | -11.3% | -15.8% | -18.8% | +29.8% | -2.9% | -3.7% | -4.9% | -0.7% | -16.7% | +22.1% | +11.6% | +11.9% |
| 2019 | +13.7% | +8.5% | -4.7% | +8.3% | -8.8% | +4.6% | +1.3% | -1.9% | +3.6% | +4.4% | -4.2% | +3.0% |
| 2018 | +5.9% | -3.5% | +0.2% | -3.7% | +7.4% | +0.8% | +1.5% | +6.7% | -6.9% | -8.8% | +9.0% | -13.1% |
| 2017 | -3.1% | -0.1% | -4.9% | -5.6% | -4.1% | +3.3% | -12.0% | -2.8% | +11.9% | -3.2% | +4.4% | -6.6% |
| 2016 | -9.2% | +4.3% | +5.7% | +5.4% | +2.9% | -5.0% | +2.1% | +2.8% | -3.6% | +0.1% | +22.4% | +0.9% |
| 2015 | -9.7% | +10.8% | +1.2% | +0.0% | +0.7% | +7.2% | +0.7% | -7.7% | +2.4% | +4.1% | +6.5% | -11.4% |
| 2014 | -4.9% | -1.6% | +5.2% | -4.5% | +3.6% | +7.8% | -0.8% | +2.7% | -5.2% | +10.8% | +1.8% | +8.2% |
| 2013 | +4.8% | +2.0% | +3.5% | -4.9% | +2.7% | +2.9% | +7.1% | -1.9% | +5.5% | +2.1% | +9.7% | -2.1% |
| 2012 | -1.4% | +5.0% | -0.4% | -8.4% | -3.1% | +2.4% | -10.0% | +4.4% | +3.7% | -4.5% | +3.8% | -0.3% |
| 2011 | -3.4% | +1.5% | -6.4% | -1.4% | -7.3% | +2.2% | -2.5% | -5.9% | -9.2% | +18.2% | +12.5% | +7.0% |
| 2010 | +24.7% | -1.1% | +7.7% | +10.8% | -7.3% | -10.0% | +6.6% | -9.8% | +9.5% | +7.3% | -1.9% | +12.6% |
| 2009 | -36.8% | -26.6% | +14.1% | +50.5% | -18.9% | -5.9% | +3.6% | -3.1% | +1.5% | -8.9% | -4.2% | +18.6% |
| 2008 | +14.8% | -18.3% | +2.6% | +9.1% | -2.4% | -18.2% | +9.7% | +2.2% | +37.4% | -8.8% | +4.3% | +0.8% |
| 2007 | -5.5% | -2.6% | -0.8% | -4.4% | +0.8% | -5.0% | -12.4% | +12.3% | -1.9% | -0.4% | +2.6% | -9.0% |
| 2006 | +5.8% | +0.6% | +2.9% | -4.7% | -3.3% | +4.7% | -2.7% | +4.6% | +0.6% | +2.6% | +1.0% | +0.9% |
| 2005 | -10.6% | -0.1% | -2.0% | -7.6% | +9.2% | +7.3% | +6.2% | -6.3% | -0.6% | +4.4% | +3.5% | -6.1% |
| 2004 | -3.4% | +2.5% | -0.4% | -1.6% | +3.9% | +5.1% | -3.0% | +5.2% | +5.3% | +5.8% | +4.4% | +0.4% |
| 2003 | -0.1% | -4.5% | +0.8% | +4.2% | +5.5% | -5.3% | +5.9% | +1.7% | -2.1% | +1.0% | +2.5% | +1.5% |
| 2002 | +0.3% | -0.9% | +3.8% | +8.4% | -7.0% | -0.5% | +0.4% | +3.0% | -3.9% | +4.2% | -3.3% | +0.3% |
| 2001 | +2.1% | +4.9% | -1.8% | +3.9% | +4.0% | +13.1% | +3.0% | +1.1% | -3.2% | +0.7% | -0.2% | +7.3% |
| 2000 | -11.6% | -13.3% | +21.6% | -0.9% | -12.9% | -3.3% | +4.1% | +5.0% | -0.1% | -0.7% | -0.3% | +10.5% |
| 1999 | -8.5% | -0.5% | -4.4% | +18.0% | -1.2% | +0.0% | -4.7% | +1.7% | -4.5% | +1.3% | +0.5% | -2.7% |
| 1998 | -1.8% | +8.4% | +2.0% | +1.5% | -3.8% | +36.8% | -18.8% | -10.3% | +4.6% | +3.6% | +6.7% | -6.5% |
| 1997 | +0.8% | +2.3% | +2.0% | +2.2% | +6.9% | +13.7% | +3.2% | +5.5% | -1.5% | -0.3% | +5.0% | +2.1% |
| 1996 | +0.0% | +0.0% | +0.9% | -8.6% | +0.0% | +2.2% | +3.5% | +5.5% | +0.6% | +1.3% | +6.8% | +5.0% |
| 1995 | +1.1% | +1.1% | +6.4% | +7.6% | -3.6% | -0.8% | +11.4% | +1.8% | +0.4% | +1.1% | +0.9% | -2.2% |
| 1994 | +3.0% | -1.0% | -0.3% | -1.6% | -1.9% | -1.1% | +2.5% | -3.3% | +0.0% | +1.1% | -7.2% | +5.4% |
| 1993 | -3.7% | +10.4% | +7.0% | -10.8% | +7.0% | +4.8% | +10.1% | +4.2% | +2.8% | +1.9% | +2.7% | -1.9% |
| 1992 | +5.2% | +8.7% | +17.6% | -5.6% | -2.7% | +8.8% | +1.3% | +11.0% | +0.0% | -0.8% | +3.1% | +0.0% |
| 1991 | +7.3% | +8.3% | +0.7% | +0.0% | +8.3% | +7.6% | -5.3% | +15.6% | -2.7% | +1.7% | -3.3% | -1.7% |
| 1990 | +0.0% | -2.0% | -0.7% | +2.0% | +0.7% | -2.0% | -6.8% | -6.5% | -7.8% | -5.0% | +0.9% | +8.8% |
| 1989 | -5.3% | -9.4% | +0.0% | +0.0% | -5.5% | +4.4% | +4.9% | -2.0% | +6.8% | -5.1% | +2.0% | -0.7% |
| 1988 | +0.0% | +4.6% | -3.3% | -6.2% | -9.6% | +3.3% | -3.9% | +1.3% | +10.6% | -3.6% | +0.0% | +5.0% |
| 1987 | — | — | — | — | — | — | +10.9% | -1.1% | +1.7% | -8.2% | -6.5% | +10.8% |
| Avg | -1.0% | -0.2% | +1.2% | +1.7% | -0.8% | +2.0% | +1.2% | +0.9% | +0.6% | +1.6% | +3.3% | +1.6% |
| Median | -0.7% | +0.0% | +0.8% | -0.9% | -0.9% | +2.2% | +1.5% | +1.7% | +0.0% | +1.3% | +2.6% | +0.9% |
| Last 5Y Avg | +1.0% | -1.3% | -2.8% | -3.0% | +1.2% | +1.1% | +7.1% | -0.3% | -2.8% | +4.2% | +6.1% | +1.2% |
| Std Dev (σ) | 9.5% | 8.2% | 7.1% | 11.3% | 6.7% | 8.6% | 7.7% | 6.0% | 8.2% | 6.9% | 6.1% | 7.3% |
| Consistency (μ/σ) | -0.10 | -0.02 | 0.18 | 0.15 | -0.12 | 0.23 | 0.16 | 0.14 | 0.08 | 0.23 | 0.54 | 0.22 |
| Win Rate (%) | 38% | 49% | 56% | 41% | 44% | 62% | 62% | 56% | 46% | 64% | 72% | 59% |
| Winning / Losing Months | ▲15▼24 | ▲19▼20 | ▲22▼17 | ▲16▼23 | ▲17▼22 | ▲24▼15 | ▲24▼15 | ▲22▼17 | ▲18▼21 | ▲25▼14 | ▲28▼11 | ▲23▼16 |
| Longest Win / Loss Streak | ▲2▼5 | ▲3▼4 | ▲4▼3 | ▲3▼5 | ▲4▼5 | ▲5▼4 | ▲6▼2 | ▲6▼3 | ▲3▼5 | ▲6▼4 | ▲8▼3 | ▲5▼3 |
| Best | +24.7%in January 2010 | +16.7%in February 2021 | +21.6%in March 2000 | +50.5%in April 2009 | +12.9%in May 2022 | +36.8%in June 1998 | +20.0%in July 2024 | +15.6%in August 1991 | +37.4%in September 2008 | +22.1%in October 2020 | +22.4%in November 2016 | +18.6%in December 2009 |
| Worst | -36.8%in January 2009 | -26.6%in February 2009 | -18.8%in March 2020 | -10.8%in April 1993 | -18.9%in May 2009 | -18.2%in June 2008 | -18.8%in July 1998 | -10.3%in August 1998 | -16.7%in September 2020 | -8.9%in October 2009 | -7.2%in November 1994 | -13.1%in December 2018 |
−36.8%+50.5%
2026
Jan+10.2%
Feb-2.4%
Mar+1.3%
Apr+5.8%
May-0.9%
Jun+6.5%
Jul+0.2%
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+2.5%
Feb-6.1%
Mar-3.0%
Apr-1.1%
May+5.4%
Jun+1.8%
Jul-2.5%
Aug+7.9%
Sep-2.0%
Oct-3.8%
Nov+4.1%
Dec+4.1%
2024
Jan-4.5%
Feb-3.2%
Mar+4.3%
Apr-9.3%
May-0.1%
Jun+1.2%
Jul+20.0%
Aug-0.2%
Sep-3.6%
Oct+1.6%
Nov+12.2%
Dec-10.4%
2023
Jan-0.7%
Feb+1.4%
Mar-12.9%
Apr-5.9%
May-11.2%
Jun+1.9%
Jul+12.7%
Aug-10.0%
Sep-7.1%
Oct+3.1%
Nov+16.4%
Dec+14.6%
2022
Jan-2.6%
Feb+3.7%
Mar-3.7%
Apr-4.7%
May+12.9%
Jun-5.7%
Jul+10.5%
Aug-4.2%
Sep-2.7%
Oct+18.5%
Nov+1.3%
Dec-4.8%
2021
Jan-2.3%
Feb+16.7%
Mar+5.3%
Apr+1.8%
May+4.9%
Jun-10.6%
Jul-5.4%
Aug+5.2%
Sep+1.2%
Oct+1.7%
Nov-3.4%
Dec+2.6%
2020
Jan-11.3%
Feb-15.8%
Mar-18.8%
Apr+29.8%
May-2.9%
Jun-3.7%
Jul-4.9%
Aug-0.7%
Sep-16.7%
Oct+22.1%
Nov+11.6%
Dec+11.9%
2019
Jan+13.7%
Feb+8.5%
Mar-4.7%
Apr+8.3%
May-8.8%
Jun+4.6%
Jul+1.3%
Aug-1.9%
Sep+3.6%
Oct+4.4%
Nov-4.2%
Dec+3.0%
2018
Jan+5.9%
Feb-3.5%
Mar+0.2%
Apr-3.7%
May+7.4%
Jun+0.8%
Jul+1.5%
Aug+6.7%
Sep-6.9%
Oct-8.8%
Nov+9.0%
Dec-13.1%
2017
Jan-3.1%
Feb-0.1%
Mar-4.9%
Apr-5.6%
May-4.1%
Jun+3.3%
Jul-12.0%
Aug-2.8%
Sep+11.9%
Oct-3.2%
Nov+4.4%
Dec-6.6%
2016
Jan-9.2%
Feb+4.3%
Mar+5.7%
Apr+5.4%
May+2.9%
Jun-5.0%
Jul+2.1%
Aug+2.8%
Sep-3.6%
Oct+0.1%
Nov+22.4%
Dec+0.9%
2015
Jan-9.7%
Feb+10.8%
Mar+1.2%
Apr+0.0%
May+0.7%
Jun+7.2%
Jul+0.7%
Aug-7.7%
Sep+2.4%
Oct+4.1%
Nov+6.5%
Dec-11.4%
2014
Jan-4.9%
Feb-1.6%
Mar+5.2%
Apr-4.5%
May+3.6%
Jun+7.8%
Jul-0.8%
Aug+2.7%
Sep-5.2%
Oct+10.8%
Nov+1.8%
Dec+8.2%
2013
Jan+4.8%
Feb+2.0%
Mar+3.5%
Apr-4.9%
May+2.7%
Jun+2.9%
Jul+7.1%
Aug-1.9%
Sep+5.5%
Oct+2.1%
Nov+9.7%
Dec-2.1%
2012
Jan-1.4%
Feb+5.0%
Mar-0.4%
Apr-8.4%
May-3.1%
Jun+2.4%
Jul-10.0%
Aug+4.4%
Sep+3.7%
Oct-4.5%
Nov+3.8%
Dec-0.3%
2011
Jan-3.4%
Feb+1.5%
Mar-6.4%
Apr-1.4%
May-7.3%
Jun+2.2%
Jul-2.5%
Aug-5.9%
Sep-9.2%
Oct+18.2%
Nov+12.5%
Dec+7.0%
2010
Jan+24.7%
Feb-1.1%
Mar+7.7%
Apr+10.8%
May-7.3%
Jun-10.0%
Jul+6.6%
Aug-9.8%
Sep+9.5%
Oct+7.3%
Nov-1.9%
Dec+12.6%
2009
Jan-36.8%
Feb-26.6%
Mar+14.1%
Apr+50.5%
May-18.9%
Jun-5.9%
Jul+3.6%
Aug-3.1%
Sep+1.5%
Oct-8.9%
Nov-4.2%
Dec+18.6%
2008
Jan+14.8%
Feb-18.3%
Mar+2.6%
Apr+9.1%
May-2.4%
Jun-18.2%
Jul+9.7%
Aug+2.2%
Sep+37.4%
Oct-8.8%
Nov+4.3%
Dec+0.8%
2007
Jan-5.5%
Feb-2.6%
Mar-0.8%
Apr-4.4%
May+0.8%
Jun-5.0%
Jul-12.4%
Aug+12.3%
Sep-1.9%
Oct-0.4%
Nov+2.6%
Dec-9.0%
2006
Jan+5.8%
Feb+0.6%
Mar+2.9%
Apr-4.7%
May-3.3%
Jun+4.7%
Jul-2.7%
Aug+4.6%
Sep+0.6%
Oct+2.6%
Nov+1.0%
Dec+0.9%
2005
Jan-10.6%
Feb-0.1%
Mar-2.0%
Apr-7.6%
May+9.2%
Jun+7.3%
Jul+6.2%
Aug-6.3%
Sep-0.6%
Oct+4.4%
Nov+3.5%
Dec-6.1%
2004
Jan-3.4%
Feb+2.5%
Mar-0.4%
Apr-1.6%
May+3.9%
Jun+5.1%
Jul-3.0%
Aug+5.2%
Sep+5.3%
Oct+5.8%
Nov+4.4%
Dec+0.4%
2003
Jan-0.1%
Feb-4.5%
Mar+0.8%
Apr+4.2%
May+5.5%
Jun-5.3%
Jul+5.9%
Aug+1.7%
Sep-2.1%
Oct+1.0%
Nov+2.5%
Dec+1.5%
2002
Jan+0.3%
Feb-0.9%
Mar+3.8%
Apr+8.4%
May-7.0%
Jun-0.5%
Jul+0.4%
Aug+3.0%
Sep-3.9%
Oct+4.2%
Nov-3.3%
Dec+0.3%
2001
Jan+2.1%
Feb+4.9%
Mar-1.8%
Apr+3.9%
May+4.0%
Jun+13.1%
Jul+3.0%
Aug+1.1%
Sep-3.2%
Oct+0.7%
Nov-0.2%
Dec+7.3%
2000
Jan-11.6%
Feb-13.3%
Mar+21.6%
Apr-0.9%
May-12.9%
Jun-3.3%
Jul+4.1%
Aug+5.0%
Sep-0.1%
Oct-0.7%
Nov-0.3%
Dec+10.5%
1999
Jan-8.5%
Feb-0.5%
Mar-4.4%
Apr+18.0%
May-1.2%
Jun+0.0%
Jul-4.7%
Aug+1.7%
Sep-4.5%
Oct+1.3%
Nov+0.5%
Dec-2.7%
1998
Jan-1.8%
Feb+8.4%
Mar+2.0%
Apr+1.5%
May-3.8%
Jun+36.8%
Jul-18.8%
Aug-10.3%
Sep+4.6%
Oct+3.6%
Nov+6.7%
Dec-6.5%
1997
Jan+0.8%
Feb+2.3%
Mar+2.0%
Apr+2.2%
May+6.9%
Jun+13.7%
Jul+3.2%
Aug+5.5%
Sep-1.5%
Oct-0.3%
Nov+5.0%
Dec+2.1%
1996
Jan+0.0%
Feb+0.0%
Mar+0.9%
Apr-8.6%
May+0.0%
Jun+2.2%
Jul+3.5%
Aug+5.5%
Sep+0.6%
Oct+1.3%
Nov+6.8%
Dec+5.0%
1995
Jan+1.1%
Feb+1.1%
Mar+6.4%
Apr+7.6%
May-3.6%
Jun-0.8%
Jul+11.4%
Aug+1.8%
Sep+0.4%
Oct+1.1%
Nov+0.9%
Dec-2.2%
1994
Jan+3.0%
Feb-1.0%
Mar-0.3%
Apr-1.6%
May-1.9%
Jun-1.1%
Jul+2.5%
Aug-3.3%
Sep+0.0%
Oct+1.1%
Nov-7.2%
Dec+5.4%
1993
Jan-3.7%
Feb+10.4%
Mar+7.0%
Apr-10.8%
May+7.0%
Jun+4.8%
Jul+10.1%
Aug+4.2%
Sep+2.8%
Oct+1.9%
Nov+2.7%
Dec-1.9%
1992
Jan+5.2%
Feb+8.7%
Mar+17.6%
Apr-5.6%
May-2.7%
Jun+8.8%
Jul+1.3%
Aug+11.0%
Sep+0.0%
Oct-0.8%
Nov+3.1%
Dec+0.0%
1991
Jan+7.3%
Feb+8.3%
Mar+0.7%
Apr+0.0%
May+8.3%
Jun+7.6%
Jul-5.3%
Aug+15.6%
Sep-2.7%
Oct+1.7%
Nov-3.3%
Dec-1.7%
1990
Jan+0.0%
Feb-2.0%
Mar-0.7%
Apr+2.0%
May+0.7%
Jun-2.0%
Jul-6.8%
Aug-6.5%
Sep-7.8%
Oct-5.0%
Nov+0.9%
Dec+8.8%
1989
Jan-5.3%
Feb-9.4%
Mar+0.0%
Apr+0.0%
May-5.5%
Jun+4.4%
Jul+4.9%
Aug-2.0%
Sep+6.8%
Oct-5.1%
Nov+2.0%
Dec-0.7%
1988
Jan+0.0%
Feb+4.6%
Mar-3.3%
Apr-6.2%
May-9.6%
Jun+3.3%
Jul-3.9%
Aug+1.3%
Sep+10.6%
Oct-3.6%
Nov+0.0%
Dec+5.0%
1987
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul+10.9%
Aug-1.1%
Sep+1.7%
Oct-8.2%
Nov-6.5%
Dec+10.8%
Avg
Jan-1.0%
Feb-0.2%
Mar+1.2%
Apr+1.7%
May-0.8%
Jun+2.0%
Jul+1.2%
Aug+0.9%
Sep+0.6%
Oct+1.6%
Nov+3.3%
Dec+1.6%
Median
Jan-0.7%
Feb+0.0%
Mar+0.8%
Apr-0.9%
May-0.9%
Jun+2.2%
Jul+1.5%
Aug+1.7%
Sep+0.0%
Oct+1.3%
Nov+2.6%
Dec+0.9%
Last 5Y Avg
Jan+1.0%
Feb-1.3%
Mar-2.8%
Apr-3.0%
May+1.2%
Jun+1.1%
Jul+7.1%
Aug-0.3%
Sep-2.8%
Oct+4.2%
Nov+6.1%
Dec+1.2%
Std Dev (σ)
Jan9.5%
Feb8.2%
Mar7.1%
Apr11.3%
May6.7%
Jun8.6%
Jul7.7%
Aug6.0%
Sep8.2%
Oct6.9%
Nov6.1%
Dec7.3%
Consistency (μ/σ)
Jan-0.10
Feb-0.02
Mar0.18
Apr0.15
May-0.12
Jun0.23
Jul0.16
Aug0.14
Sep0.08
Oct0.23
Nov0.54
Dec0.22
Win Rate (%)
Jan38%
Feb49%
Mar56%
Apr41%
May44%
Jun62%
Jul62%
Aug56%
Sep46%
Oct64%
Nov72%
Dec59%
Winning / Losing Months
Jan▲15▼24
Feb▲19▼20
Mar▲22▼17
Apr▲16▼23
May▲17▼22
Jun▲24▼15
Jul▲24▼15
Aug▲22▼17
Sep▲18▼21
Oct▲25▼14
Nov▲28▼11
Dec▲23▼16
Longest Win / Loss Streak
Jan▲2▼5
Feb▲3▼4
Mar▲4▼3
Apr▲3▼5
May▲4▼5
Jun▲5▼4
Jul▲6▼2
Aug▲6▼3
Sep▲3▼5
Oct▲6▼4
Nov▲8▼3
Dec▲5▼3
Best
Jan+24.7%2010
Feb+16.7%2021
Mar+21.6%2000
Apr+50.5%2009
May+12.9%2022
Jun+36.8%1998
Jul+20.0%2024
Aug+15.6%1991
Sep+37.4%2008
Oct+22.1%2020
Nov+22.4%2016
Dec+18.6%2009
Worst
Jan-36.8%2009
Feb-26.6%2009
Mar-18.8%2020
Apr-10.8%1993
May-18.9%2009
Jun-18.2%2008
Jul-18.8%1998
Aug-10.3%1998
Sep-16.7%2020
Oct-8.9%2009
Nov-7.2%1994
Dec-13.1%2018
−36.8%+50.5%
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