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.