Data &
Technology
Research
Reports
Report Solutions
Reports Library
Actionable
Strategies
Free
Resources
Simple Backtest Calculator
Simple Seasonality Calculator
The Kelly Criterion Calculator
Sentiment Geo Map
Public Research Reports
Free Webinar
Pricing
Company
About
Meet Our Team
In the News
Testimonials
Client Success Stories
Contact
Log inLoginSign up
< BACK TO ALL REPORTS

One More Look at Energy in April

Jay Kaeppel
2021-04-05
Here we take one more look at the historical performance of the energy sector during the month of April.

I have noted the tendency for strength in the energy sector in general and crude oil in particular here, here and here. Still sometimes investors see a reference to a "sector" and they are not entirely sure how to access that, and a lot of people are shy about trading a specific commodity such as crude oil. 

So just to clarify, let's take one more swipe at the energy sector in April.

Ticker FSENX

For testing and illustrative purpose, we will use monthly total return data for ticker FSENX (Fidelity select Energy mutual fund) since inception in 1981 as a proxy for the broader energy sector. For actual trading purposes there are plenty of alternative including - but not limited to:

The chart below displays the cumulative growth for FSENX if held ONLY during the month of April. The lower left to upper right nature of the equity curve is fairly obvious.

The table below displays the year-by-year results for FSENX in April.

The table below displays the summary of FSENX April performance.

Summary

The good news is that FSENX has clearly been a stellar performer historically during the month of April. The bad news - as always - is that there is absolutely no guarantee that FSENX (or anything else energy-related) will necessarily perform well during April of 2021.

Sorry, you don't have access to this report

Upgrade your subscription plan to get access
Go to Dasboard
DATA &
TECHnologies
IndicatorEdge
‍
BackTestEdge
‍
Other Tools
‍
DataEdge API
RESEARCH
reports
Research Solution
‍
Reports Library
‍
actionable
Strategies
Trading Strategies
‍
Smart Stock Scanner
‍
FREE
RESOUrCES
Simple Backtest
Calculator
Simple Seasonality
Calculator
The Kelly Criterion
Calculator
Sentiment Geo Map
‍
Public Research Reports
‍
Free Webinar
COMPANY
‍
About
‍
Meet our Team
‍
In the News
‍
Testimonials
‍
Client Success Stories
Pricing
Bundle pricing
‍
Announcements
‍
FAQ
© 2024 Sundial Capital Research Inc. All rights reserved.
Setsail Marketing
TermsPrivacyAffiliate Program
Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.