The DAX is approaching a very strong time of the year. Over the last 5 years the DAX has risen every single time during April. The largest gain was last year with a +13.80% return. The lowest gain was +2.05% in 2017. One stock that tends to see outsized seasonal gains during this time of the year is Allianz SE. This is a stock that investors may want to consider during the following few days.
Allianz SE is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. Over the last 15 years Allianz SE has risen 12 times out of the last 15 years between April 07 and May 03. The largest gain has been +12.17% in 2009. The largest loss was in 2010 with a drop of -8.79%. The average return has been +2.67%.
Key Trade Risks:
❗️There is a growing risk that investors consider equity markets over bought and that could see a correction. It is hard to know when that correction will come, but investors need to be aware of the potential risk.
❗️There is also a risk that another break out of COVID-19 could slow down the European economy and weigh on the German stock Allianz SE.
❗️News of any new strong COVID-19 variant could invalidate this outlook and cause stock selling
Allianz SE is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. Over the last 15 years Allianz SE has risen 12 times out of the last 15 years between April 07 and May 03. The largest gain has been +12.17% in 2009. The largest loss was in 2010 with a drop of -8.79%. The average return has been +2.67%.
Key Trade Risks:
❗️There is a growing risk that investors consider equity markets over bought and that could see a correction. It is hard to know when that correction will come, but investors need to be aware of the potential risk.
❗️There is also a risk that another break out of COVID-19 could slow down the European economy and weigh on the German stock Allianz SE.
❗️News of any new strong COVID-19 variant could invalidate this outlook and cause stock selling
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