Novanta Inc. - Common Shares (NOVT)
Seasonality Analysis
Novanta Inc. - Common Shares Annual Seasonality Statistics
Novanta Inc. - Common Shares Monthly Seasonality Performance
| Month | Avg Return | Win Rate | Strength |
|---|---|---|---|
| January BEST | 5.44% | Moderate | |
| February | 4.67% | Moderate | |
| March | 0.93% | Weak | |
| April | 3.59% | Moderate | |
| May | 3.99% | Strong | |
| June | 3.72% | Weak | |
| July | -2.87% | Very Weak | |
| August | -0.60% | Weak | |
| September WORST | -4.17% | Weak | |
| October | 2.27% | Moderate | |
| November | 1.06% | Moderate | |
| December | 2.40% | Moderate |
Novanta Inc. - Common Shares 2026 vs Historical Pattern
Novanta Inc. - Common Shares Interactive Seasonality Chart
Novanta Inc. - Common Shares Pattern Scanner
Novanta Inc. - Common Shares Seasonal Historical Performance
About Novanta Inc. - Common Shares (NOVT) Seasonality
Novanta Inc. - Common Shares (NOVT) has been analyzed using 27 years of historical data to identify seasonal patterns. Classified under Stocks, Novanta Inc. - Common Shares shows distinct seasonal tendencies based on historical data.
The strongest month for Novanta Inc. - Common Shares is historically January, with an average return of 5.44% and a win rate of 56%. Conversely, September tends to be the weakest month, averaging -4.17% return.
Looking at the full calendar year, Novanta Inc. - Common Shares has an average annual return of 20.42% with an overall monthly win rate of 52.2%. Out of 12 months, 9 typically show positive average returns.
The seasonal pattern for Novanta Inc. - Common Shares has a consistency score of 37.5 (Poor), based on 27 years of data. Higher consistency means the seasonal pattern has been more reliable across different market conditions.
Novanta Inc. - Common Shares Seasonality FAQ
What is the best month to buy Novanta Inc. - Common Shares (NOVT)?
Historically, January has been the best month for Novanta Inc. - Common Shares, with an average return of 5.44% and a win rate of 56%. However, past performance does not guarantee future results.
What is the worst month for Novanta Inc. - Common Shares (NOVT)?
Based on historical data, September has been the weakest month for Novanta Inc. - Common Shares, with an average return of -4.17%. This is a historical observation and does not guarantee future results.
How reliable is NOVT seasonality data?
The seasonality analysis for Novanta Inc. - Common Shares is based on 27 years of historical price data. While seasonal patterns can provide useful insights, they should be combined with other forms of analysis. Past patterns do not guarantee future performance.
How can I use Novanta Inc. - Common Shares seasonality in my trading?
Use Novanta Inc. - Common Shares (NOVT) seasonality as one factor in your analysis. Identify historically strong and weak months, combine with other research methods. SeasOptima provides premium tools including interactive charts, pattern scanning, and historical performance data for deeper analysis.