Does Hut 8 (HUT) stock go up or down depending on the month?
Hut 8 month by month, year by year
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +21.5% | -4.7% | -11.9% | +61.5% | +64.7% | -7.5% | -6.8% | |||||
| 2025 | +5.9% | -32.0% | -21.2% | +5.9% | +24.0% | +21.8% | +14.1% | +25.9% | +30.2% | +45.5% | -11.2% | +2.1% |
| 2024 | -44.0% | +13.7% | +30.0% | -28.8% | +10.6% | +72.5% | -2.3% | -30.9% | +21.3% | +28.8% | +77.5% | -26.9% |
| 2023 | +127.1% | -14.5% | +12.1% | -3.2% | +20.7% | +52.8% | +7.9% | -31.7% | -19.8% | +11.3% | -12.4% | +40.4% |
| 2022 | -24.3% | +2.9% | -9.7% | -35.5% | -28.4% | -47.8% | +59.4% | -4.2% | -12.3% | +25.8% | -46.9% | -28.6% |
| 2021 | +38.2% | +107.4% | -3.9% | -28.0% | -25.3% | +8.1% | +7.5% | +66.2% | +6.9% | +59.5% | -10.1% | -34.9% |
| 2020 | +21.2% | -5.3% | -42.7% | +17.8% | +107.2% | -39.0% | +13.5% | -6.0% | -9.8% | +30.3% | +49.4% | +91.0% |
| 2019 | +24.1% | -24.3% | -33.2% | +79.9% | +43.2% | +21.9% | -13.6% | -3.6% | -6.5% | -13.3% | -28.2% | -21.4% |
| 2018 | +31.1% | -8.1% | -26.6% | -1.8% | +21.2% | -17.8% | -1.6% | -37.0% | -23.6% | |||
| Average | +21.2% | +5.4% | -10.0% | +11.2% | +23.2% | +6.2% | +8.7% | +4.6% | -1.0% | +23.3% | -2.4% | -0.2% |
| % of years up | 75% | 38% | 25% | 56% | 67% | 56% | 56% | 38% | 38% | 75% | 25% | 38% |
| Years observed | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 8 |
Hut 8 month by month: the summary
Over 2018-2026, here's what Hut 8 (HUT) stock did each month, on average: January +21.2% (up 75% of 8 years), February +5.4% (up 38% of 8 years), March -10.0% (up 25% of 8 years), April +11.2% (up 56% of 9 years), May +23.2% (up 67% of 9 years), June +6.2% (up 56% of 9 years), July +8.7% (up 56% of 9 years), August +4.6% (up 38% of 8 years), September -1.0% (up 38% of 8 years), October +23.3% (up 75% of 8 years), November -2.4% (up 25% of 8 years), December -0.2% (up 38% of 8 years). In other words, HUT historically rose in January, February, April, May, June, July, August, October, and fell in March, September, November, December.
Does Hut 8 really go up in October?
Over 2018-2026, October is Hut 8's strongest month: +23.3% on average, positive in 6 of 8 years. At the other end, March shows -10.0%. 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 Hut 8 stock go up or down in January?
Over 8 years, HUT rose +21.2% on average in January, finishing the month up 6 times out of 8 (75%). Median: +21.4%. It's one of its most consistent months. ⚠️ 8 years of data is not a prediction.
Does Hut 8 stock go up or down in August?
Over 8 years, HUT rose +4.6% on average in August, finishing the month up 3 times out of 8 (38%). Median: -3.9%. Results are split year to year — there's no clear pattern. ⚠️ 8 years of data is not a prediction.
Does Hut 8 stock go up or down in May?
Over 9 years, HUT rose +23.2% on average in May, finishing the month up 6 times out of 9 (67%). Median: +20.7%. Results are split year to year — there's no clear pattern. ⚠️ 9 years of data is not a prediction.
Does Hut 8 stock go up or down in April?
Over 9 years, HUT rose +11.2% on average in April, finishing the month up 5 times out of 9 (56%). Median: +5.9%. Results are split year to year — there's no clear pattern. ⚠️ 9 years of data is not a prediction.
Does Hut 8 stock go up or down in July?
Over 9 years, HUT rose +8.7% on average in July, finishing the month up 5 times out of 9 (56%). Median: +7.5%. Results are split year to year — there's no clear pattern. ⚠️ 9 years of data is not a prediction.
Does Hut 8 stock go up or down in June?
Over 9 years, HUT rose +6.2% on average in June, finishing the month up 5 times out of 9 (56%). Median: +8.1%. Results are split year to year — there's no clear pattern. ⚠️ 9 years of data is not a prediction.
What is the best month to buy Hut 8 stock?
Historically, October: over the last 9 years, HUT gained +23.3% on average that month and finished up 75% of the time (8 years observed). March is the weakest month (-10.0%). This is not a prediction: 9 years is a small sample, and the past is under no obligation to repeat.
Why does Hut 8 stock often rise in October?
October has averaged as its best month over 9 years (+23.3%, up 75% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 9 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 HUT it's October (+23.3% on average over 9 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 HUT, January is the most consistent month (75% positive years). We also rank all 12 months for the whole market.
Does stock seasonality actually work?
Careful. A month that rose 9 times out of 9 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 HUT's real monthly closing prices from 2018 to 2026 (9 years), source Yahoo Finance. Each cell = the price change over that month. Price performance, excluding dividends. Incomplete months and quote gaps are excluded.