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Seasonal Insights: Siemens Aktiengesellschaft 14.12.20

Seasonal Insights: Siemens Aktiengesellschaft 14.12.20

Seasonal Insights: Siemens Aktiengesellschaft 14.12.20

in Daily Forecasts

Can we expect Siemens Aktiengesellschaft buyers from December 12 and beyond?

Siemens Aktiengesellschaft is a German multinational company headquartered in Munich. It is the largest manufacturing company in Europe. Over the course of the last 14 years, it has gained 12 times between December 12 and December 31. The average return has been +3.19% and the maximum profit was in 2008 with a whopping +17.14%. The largest loss was -1.59% in 2017. Will the large amounts of stimulus promised by the ECB help support Siemens share prices this year? Or will markets buck the seasonal trend and head lower?

Trade Risks: The main risk to this trade is if there is strong risk-off trading heading into year-end.


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Cookies Policy

Disclaimer: Any opinions made may be personal to the author and may not reflect the opinions of HYCM. All expressions of opinion are subject to change without notice. This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. HYCM makes no representation and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by an employee of HYCM, a third party or otherwise. Past performance is not an indication of possible future performance. Without the approval of HYCM, reproduction or redistribution of this information isn’t permitted.

Legal Information: HYCM is the trading name of Henyep Capital Markets (UK) Limited, HYCM (Europe) Ltd, HYCM Limited and Henyep Capital Markets (DIFC) Limited for which the Henyep Capital Markets group is holding company and its assets are a controlling equity interest in them.

* Cryptocurrencies are not available for trading under HYCM (Europe) Limited and Henyep Capital Markets (UK) Limited (retail clients only).

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