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Does Alcoa (AA) stock go up or down depending on the month?

Best month to invest in AA stock — 14 years (2013-2026) · Materials
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In short — Over 14 years, Alcoa stock rises most in November: +10.1% on average, up 77% of years. Its weakest month is January (-3.1%). Most consistent: November (77% positive years). ⚠️ This is an observation of the past over just 14 years — not a prediction, not advice.

Alcoa month by month, year by year

Each cell = the price change over that month. Green = up, red = down. The stronger the colour, the bigger the move.
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+6.9%+9.3%+6.8%-3.8%+21.7%-32.8%-13.2%
2025-6.5%-5.9%-8.3%-19.6%+9.1%+10.2%+1.6%+7.4%+2.2%+11.9%+13.5%+27.3%
2024-12.5%-8.5%+24.2%+4.0%+26.0%-10.1%-16.9%-2.8%+20.2%+3.9%+15.8%-18.6%
2023+14.9%-6.3%-13.0%-12.7%-14.6%+7.0%+6.7%-16.9%-3.4%-11.8%+4.8%+26.6%
2022-4.8%+32.9%+19.5%-24.7%-9.0%-26.2%+11.6%-2.8%-32.0%+16.0%+28.4%-9.3%
2021-21.9%+36.4%+32.3%+12.8%+8.3%-7.1%+9.0%+10.5%+10.3%-6.1%+1.3%+28.0%
2020-35.1%-0.6%-55.6%+32.3%+13.0%+22.0%+15.7%+12.5%-20.5%+11.1%+54.0%+15.8%
2019+11.7%-0.6%-4.5%-5.3%-20.6%+10.5%-3.9%-20.3%+11.9%+3.6%-2.1%+5.7%
2018-3.4%-13.6%-0.0%+13.9%-6.1%-2.5%-7.7%+3.2%-9.6%-13.4%-9.1%-16.4%
2017+29.8%-5.1%-0.5%-1.9%-2.3%-0.9%+11.5%+20.5%+6.2%+2.5%-13.1%+29.8%
2016-26.1%+22.5%+7.3%+16.6%-17.0%+0.0%+14.5%-5.1%+0.6%-5.6%+26.0%-3.1%
2015-0.9%-5.5%-12.6%+3.9%-6.9%-10.8%-11.5%-4.3%+2.2%-7.5%+4.8%+5.5%
2014+8.3%+2.0%+9.6%+4.7%+1.0%+9.4%+10.1%+1.3%-3.1%+4.2%+3.2%-8.7%
2013-3.6%+0.0%-0.2%+0.0%-8.0%+1.6%-3.1%+5.5%+14.2%+3.6%+10.6%
Average-3.1%+3.8%+0.4%+1.4%+0.2%-2.8%+2.1%+0.0%-0.7%+1.8%+10.1%+7.2%
% of years up38%36%43%50%43%36%64%46%62%62%77%62%
Years observed131414141414141313131313

Alcoa month by month: the summary

Over 2013-2026, here's what Alcoa (AA) stock did each month, on average: January -3.1% (up 38% of 13 years), February +3.8% (up 36% of 14 years), March +0.4% (up 43% of 14 years), April +1.4% (up 50% of 14 years), May +0.2% (up 43% of 14 years), June -2.8% (up 36% of 14 years), July +2.1% (up 64% of 14 years), August +0.0% (up 46% of 13 years), September -0.7% (up 62% of 13 years), October +1.8% (up 62% of 13 years), November +10.1% (up 77% of 13 years), December +7.2% (up 62% of 13 years). In other words, AA historically rose in February, March, April, May, July, August, October, November, December, and fell in January, June, September.

Does Alcoa really go up in November?

Over 2013-2026, November is Alcoa's strongest month: +10.1% on average, positive in 10 of 13 years. At the other end, January shows -3.1%. But a monthly gap is often built on one or two extreme years — the table above shows it: look at the spread, not just the average. Seasonality only means something when it has a cause (selling season, earnings calendar, year-end tax effects); with no identified cause, it's probably noise.

Frequently asked questions

Does Alcoa stock go up or down in August?

Over 13 years, AA rose +0.0% on average in August, finishing the month up 6 times out of 13 (46%). Median: -2.8%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

Does Alcoa stock go up or down in December?

Over 13 years, AA rose +7.2% on average in December, finishing the month up 8 times out of 13 (62%). Median: +5.7%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

Does Alcoa stock go up or down in February?

Over 14 years, AA rose +3.8% on average in February, finishing the month up 5 times out of 14 (36%). Median: -2.1%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.

Does Alcoa stock go up or down in June?

Over 14 years, AA fell -2.8% on average in June, finishing the month up 5 times out of 14 (36%). Median: -1.7%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.

Does Alcoa stock go up or down in July?

Over 14 years, AA rose +2.1% on average in July, finishing the month up 9 times out of 14 (64%). Median: +4.2%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.

Does Alcoa stock go up or down in October?

Over 13 years, AA rose +1.8% on average in October, finishing the month up 8 times out of 13 (62%). Median: +3.6%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

What is the best month to buy Alcoa stock?

Historically, November: over the last 14 years, AA gained +10.1% on average that month and finished up 77% of the time (13 years observed). January is the weakest month (-3.1%). This is not a prediction: 14 years is a small sample, and the past is under no obligation to repeat.

Why does Alcoa stock often rise in November?

November has averaged as its best month over 14 years (+10.1%, up 77% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 14 years of history, not a prediction.

Is there a best month to invest in the stock market in general?

There's no universal rule: every stock has its own seasonality. For AA it's November (+10.1% on average over 14 years) — another stock will look completely different. The calendar effects people cite ("sell in May", the year-end rally) are market-wide averages, not laws: on AA, November is the most consistent month (77% positive years). We also rank all 12 months for the whole market.

Does stock seasonality actually work?

Careful. A month that rose 14 times out of 14 can simply be chance: with 12 months and a dozen years, patterns appear naturally even in random data. Seasonality describes what happened; it doesn't explain why and predicts nothing. Treat it as context, never as a standalone buy signal.

What data is this table based on?

On AA's real monthly closing prices from 2013 to 2026 (14 years), source Yahoo Finance. Each cell = the price change over that month. Price performance, excluding dividends. Incomplete months and quote gaps are excluded.

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