← Carnival Corporation (CCL)

Does Carnival Corporation (CCL) stock go up or down depending on the month?

Best month to invest in CCL stock — 14 years (2013-2026) · Consumer Discretionary
Logo Carnival CorporationSee the full Carnival Corporation (CCL) profile
In short — Over 14 years, Carnival Corporation stock rises most in November: +7.3% on average, up 69% of years. Its weakest month is March (-7.0%). Most consistent: December (77% positive years). ⚠️ This is an observation of the past over just 14 years — not a prediction, not advice.

Carnival Corporation 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
2026-1.7%+5.1%-18.0%+2.4%+5.8%+1.8%-2.7%
2025+11.0%-13.5%-18.4%-6.1%+26.6%+21.1%+5.9%+7.1%-9.3%-0.3%-10.6%+18.5%
2024-10.6%-4.3%+3.0%-9.3%+1.8%+24.1%-11.0%-1.0%+12.0%+19.0%+15.6%-2.0%
2023+34.2%-1.8%-4.4%-9.3%+21.9%+67.7%+0.1%-16.0%-13.3%-16.5%+31.4%+23.1%
2022-1.5%+2.6%-0.5%-14.4%-19.8%-37.7%+4.7%+4.4%-25.7%+28.9%+9.6%-18.8%
2021-13.8%+43.3%-0.8%+5.4%+5.7%-10.8%-17.9%+11.5%+3.6%-11.4%-20.5%+14.2%
2020-14.4%-23.1%-60.6%+20.7%-1.0%+4.3%-15.5%+18.7%-7.9%-9.7%+45.7%+8.4%
2019+16.8%+0.3%-12.2%+8.2%-6.7%-9.1%+1.5%-6.7%-0.8%-1.9%+5.1%+12.8%
2018+7.9%-6.6%-2.0%-3.8%-1.2%-8.0%+3.4%+3.8%+3.7%-12.1%+7.6%-18.2%
2017+6.4%+1.0%+5.3%+4.9%+3.7%+2.3%+1.8%+4.0%-7.1%+2.8%-1.1%+1.1%
2016-11.7%-0.4%+10.0%-7.0%-2.7%-7.4%+5.7%+2.3%+2.1%+0.6%+4.7%+1.3%
2015-3.0%+0.1%+8.8%-8.1%+5.4%+6.6%+7.9%-7.6%+1.0%+8.8%-6.6%+7.8%
2014-2.4%+1.2%-4.5%+3.8%+1.8%-5.9%-3.8%+4.6%+6.0%-0.0%+10.0%+2.6%
2013-7.6%-4.1%+0.6%-4.1%+3.6%+8.0%-2.5%-9.6%+6.2%+4.2%+11.2%
Average+1.3%-0.3%-7.0%-0.9%+2.7%+3.8%-0.8%+1.7%-3.5%+1.1%+7.3%+4.8%
% of years up38%50%29%50%57%57%64%62%46%46%69%77%
Years observed131414141414141313131313

Carnival Corporation month by month: the summary

Over 2013-2026, here's what Carnival Corporation (CCL) stock did each month, on average: January +1.3% (up 38% of 13 years), February -0.3% (up 50% of 14 years), March -7.0% (up 29% of 14 years), April -0.9% (up 50% of 14 years), May +2.7% (up 57% of 14 years), June +3.8% (up 57% of 14 years), July -0.8% (up 64% of 14 years), August +1.7% (up 62% of 13 years), September -3.5% (up 46% of 13 years), October +1.1% (up 46% of 13 years), November +7.3% (up 69% of 13 years), December +4.8% (up 77% of 13 years). In other words, CCL historically rose in January, May, June, August, October, November, December, and fell in February, March, April, July, September.

Does Carnival Corporation really go up in November?

Over 2013-2026, November is Carnival Corporation's strongest month: +7.3% on average, positive in 9 of 13 years. At the other end, March shows -7.0%. 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 Carnival Corporation stock go up or down in December?

Over 13 years, CCL rose +4.8% on average in December, finishing the month up 10 times out of 13 (77%). Median: +7.8%. It's one of its most consistent months. ⚠️ 13 years of data is not a prediction.

Does Carnival Corporation stock go up or down in August?

Over 13 years, CCL rose +1.7% on average in August, finishing the month up 8 times out of 13 (62%). Median: +3.8%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

Does Carnival Corporation stock go up or down in June?

Over 14 years, CCL rose +3.8% on average in June, finishing the month up 8 times out of 14 (57%). Median: +2.1%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.

Does Carnival Corporation stock go up or down in September?

Over 13 years, CCL fell -3.5% on average in September, finishing the month up 6 times out of 13 (46%). Median: -0.8%. Results are split year to year — there's no clear pattern. ⚠️ 13 years of data is not a prediction.

Does Carnival Corporation stock go up or down in May?

Over 14 years, CCL rose +2.7% on average in May, finishing the month up 8 times out of 14 (57%). Median: +1.8%. Results are split year to year — there's no clear pattern. ⚠️ 14 years of data is not a prediction.

Does Carnival Corporation stock go up or down in January?

Over 13 years, CCL rose +1.3% on average in January, finishing the month up 5 times out of 13 (38%). Median: -1.7%. 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 Carnival Corporation stock?

Historically, November: over the last 14 years, CCL gained +7.3% on average that month and finished up 69% of the time (13 years observed). March is the weakest month (-7.0%). This is not a prediction: 14 years is a small sample, and the past is under no obligation to repeat.

Do Carnival's quarterly earnings move the stock?

March — when Carnival reports quarterly earnings — has been its weakest month over 14 years (-7.0% on average, up 29% of years). Earnings are a known driver of moves. ⚠️ This is a past tendency over a short history, not a rule. Use it as context, never as a buy plan.

Why does Carnival Corporation stock often rise in November?

November has averaged as its best month over 14 years (+7.3%, up 69% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 14 years of history, not a prediction.

Why is Carnival Corporation stock weaker in March?

March has averaged as its weakest month over 14 years (-7.0%, up only 29% of years). This month covers Carnival's quarterly earnings release — a known driver of moves, and over this history it has tended to weigh on the stock.

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 CCL it's November (+7.3% 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 CCL, December 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 CCL'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.

💬 A question about Carnival Corporation? The JPI assistant answers using our backtest data.
Keep exploring Carnival Corporation
JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)