Wednesday, 6 March 2013

Analysis to identify the number of years Aviva (AV.L) sees an increase each month in share price


The purpose of this analysis is simply to see which month's in the year typically see an increase in the share price against the previous month for Aviva (AV.L).

This test has been conducted using the last 10 years worth of share price history for AV.L. The calculation has been based on the closing share prices of each month, for example if January closed at a share price of 283 and February closed at a price of 316 then this will be considered as an increase in the share price in the month of February.

The y-axis in the chart below illustrates the number of years a particular month has seen an increase in the share price for Aviva.

Number of Years Aviva has seen an Increase in each Month

Looking at the history of the share price over the last 10 years for Aviva most months have seen an increase at least 5 times in the share price. In fact, the average is 5.58 years that each month sees an increase. The only month that is considerably lower than this average is March (as shown on the chart above), that has only seen an increase twice in the 10 years that the sample data has been gathered from. 

This is merely a simple analysis of which months frequently see an increase or decrease. Therefore, other factors may need to be considered on various areas, for instance the fundamentals may need to be examined to determine why March has the highest amount of decreases in share price. Additionally if you feel that any further detail is required please let us know and we will add this to this analysis. 

Comment below if you want us to analyse another area of the Aviva (AV.L) stock.

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