Does HealthEquity (HQY) stock go up or down depending on the month?
HealthEquity month by month, year by year
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.5% | -10.7% | +9.3% | -1.8% | +7.3% | +2.6% | +11.4% | |||||
| 2025 | +15.1% | -0.6% | -19.5% | -3.0% | +17.4% | +4.1% | -7.4% | -7.9% | +6.1% | -0.2% | +11.2% | -12.9% |
| 2024 | +14.0% | +9.3% | -1.2% | -3.3% | +3.5% | +5.5% | -9.0% | +1.4% | +2.9% | +4.2% | +19.1% | -5.5% |
| 2023 | -1.3% | +7.1% | -9.9% | -9.0% | +2.5% | +15.2% | +7.6% | -0.6% | +8.1% | -1.9% | -6.5% | -1.1% |
| 2022 | +20.8% | +0.5% | +25.6% | -7.6% | +0.4% | -1.9% | -5.2% | +13.6% | +1.6% | +16.0% | -18.5% | -2.9% |
| 2021 | +19.9% | -1.4% | -17.4% | +11.7% | +9.4% | -3.2% | -8.1% | -13.3% | +0.9% | +2.2% | -17.4% | -19.1% |
| 2020 | -10.8% | +7.5% | -28.7% | +11.2% | +10.1% | -5.3% | -12.1% | +11.5% | -10.6% | +0.2% | +39.2% | -2.8% |
| 2019 | +4.5% | +29.1% | -8.1% | -8.4% | -3.5% | +0.1% | +25.4% | -27.6% | -3.7% | -0.6% | +10.7% | +17.8% |
| 2018 | +8.5% | +13.7% | +5.1% | +8.5% | +13.2% | +1.1% | +0.5% | +24.8% | +0.2% | -2.8% | -3.4% | -32.7% |
| 2017 | +14.1% | -5.5% | -2.9% | +7.2% | +0.6% | +8.8% | -7.9% | -6.8% | +18.3% | -0.7% | +3.3% | -10.0% |
| 2016 | -14.0% | -3.4% | +18.5% | +1.9% | +2.6% | +17.7% | -2.9% | +10.3% | +16.2% | -12.2% | +34.0% | -9.0% |
| 2015 | -18.4% | -2.4% | +23.3% | +4.9% | +1.1% | +20.9% | +5.0% | -12.9% | +0.8% | +10.7% | +0.9% | -24.0% |
| 2014 | +10.1% | -5.5% | +11.4% | +21.7% | +2.5% | |||||||
| Average | +3.8% | +3.6% | -0.5% | +1.0% | +5.4% | +5.5% | -0.2% | +0.2% | +2.9% | +2.2% | +7.9% | -8.3% |
| % of years up | 58% | 50% | 42% | 50% | 92% | 75% | 42% | 50% | 75% | 50% | 67% | 17% |
| Years observed | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
HealthEquity month by month: the summary
Over 2014-2026, here's what HealthEquity (HQY) stock did each month, on average: January +3.8% (up 58% of 12 years), February +3.6% (up 50% of 12 years), March -0.5% (up 42% of 12 years), April +1.0% (up 50% of 12 years), May +5.4% (up 92% of 12 years), June +5.5% (up 75% of 12 years), July -0.2% (up 42% of 12 years), August +0.2% (up 50% of 12 years), September +2.9% (up 75% of 12 years), October +2.2% (up 50% of 12 years), November +7.9% (up 67% of 12 years), December -8.3% (up 17% of 12 years). In other words, HQY historically rose in January, February, April, May, June, August, September, October, November, and fell in March, July, December.
Does HealthEquity really go up in November?
Over 2014-2026, November is HealthEquity's strongest month: +7.9% on average, positive in 8 of 12 years. At the other end, December shows -8.3%. 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 HealthEquity stock go up or down in May?
Over 12 years, HQY rose +5.4% on average in May, finishing the month up 11 times out of 12 (92%). Median: +3.1%. It's one of its most consistent months. ⚠️ 12 years of data is not a prediction.
Does HealthEquity stock go up or down in August?
Over 12 years, HQY rose +0.2% on average in August, finishing the month up 6 times out of 12 (50%). Median: +0.4%. Results are split year to year — there's no clear pattern. ⚠️ 12 years of data is not a prediction.
Does HealthEquity stock go up or down in June?
Over 12 years, HQY rose +5.5% on average in June, finishing the month up 9 times out of 12 (75%). Median: +3.4%. It's one of its most consistent months. ⚠️ 12 years of data is not a prediction.
Does HealthEquity stock go up or down in January?
Over 12 years, HQY rose +3.8% on average in January, finishing the month up 7 times out of 12 (58%). Median: +6.5%. Results are split year to year — there's no clear pattern. ⚠️ 12 years of data is not a prediction.
Does HealthEquity stock go up or down in February?
Over 12 years, HQY rose +3.6% on average in February, finishing the month up 6 times out of 12 (50%). Median: -0.0%. Results are split year to year — there's no clear pattern. ⚠️ 12 years of data is not a prediction.
Does HealthEquity stock go up or down in September?
Over 12 years, HQY rose +2.9% on average in September, finishing the month up 9 times out of 12 (75%). Median: +1.3%. It's one of its most consistent months. ⚠️ 12 years of data is not a prediction.
What is the best month to buy HealthEquity stock?
Historically, November: over the last 13 years, HQY gained +7.9% on average that month and finished up 67% of the time (12 years observed). December is the weakest month (-8.3%). This is not a prediction: 13 years is a small sample, and the past is under no obligation to repeat.
Why does HealthEquity stock often rise in November?
November has averaged as its best month over 13 years (+7.9%, up 67% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 13 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 HQY it's November (+7.9% on average over 13 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 HQY, May is the most consistent month (92% positive years). We also rank all 12 months for the whole market.
Does stock seasonality actually work?
Careful. A month that rose 13 times out of 13 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 HQY's real monthly closing prices from 2014 to 2026 (13 years), source Yahoo Finance. Each cell = the price change over that month. Price performance, excluding dividends. Incomplete months and quote gaps are excluded.