stockindex.com.au » asx

Daily Performance based on the Day of the Week

Gary — Fri, 09 Sep 2011 03:58:58 +0000

Further to the previous post; what is the strongest day of the week for the stockmarket?

The graph below indicates that over 3 decades Wednesday was the strongest, and Thursday the next best. Tuesday is the stand out worst.

The Tuesday average may have been distorted somewhat by the 1987 stockmarket crash which happened, in Australia, on Tuesday 20 October 1987. However, we did test the data with that day taken out, and it was still the worst day of the week.

Day of the Month Performance of the Stock Market

Gary — Wed, 07 Sep 2011 10:07:04 +0000

Ever wondered what day of the month was the stongest? or the weakest? In the graph below we chart the performance of the stockmarket based on the day of the month over 3 decades beginning with the 1980′s.

Historically it appears that the best days are the first 3 days of the month, the 14th to 19th, and the last 3 days of the month.

Could this be related to when money flows in to the market? Or is it just random movements.

All Ordinaries – Average Monthly Performance

Gary — Mon, 05 Sep 2011 03:03:41 +0000

It is impossible to predict what the stockmarket will do over any period of time. However looking at historical stock index data may give us an idea of what is possible.

In the chart below we examine monthly moves in the Australian All Ordinaries Index over 4 decades since the 1970′s. The 2010′s was not included as we do not believe there is enough data from this decade to provide a meaningful average.

From the graph, we can see that historically September, on average, has not been a good month for investors.