Sugar price seasonality
[This article was first published on Quantitative thoughts » EN, and kindly contributed to R-bloggers]. (You can report issue about the content on this page here)
Want to share your content on R-bloggers? click here if you have a blog, or here if you don't.
Want to share your content on R-bloggers? click here if you have a blog, or here if you don't.
Recently, Orion securities have issued a “BUY” recomendation for Cugar ETF. Because, neither I follow the recommendations nor I’m big fan of TA (I have to admit, that I was…), I decided to check sugar price seasonality.
Voila, the mean of monthly returns are presented in the graph. February, April and May tend to be negative and June and July show positive returns.
BUT! Don’t forget to ask – are these results significant? P-value for July is 14%, 34% for April. The rest is above 50%. So, keep in mind, that these results are very weak…
More descriptive plot:
To leave a comment for the author, please follow the link and comment on their blog: Quantitative thoughts » EN.
R-bloggers.com offers daily e-mail updates about R news and tutorials about learning R and many other topics. Click here if you're looking to post or find an R/data-science job.
Want to share your content on R-bloggers? click here if you have a blog, or here if you don't.