
Calendar effects
Calendar effects refer to patterns in financial markets where asset prices tend to behave differently depending on specific times, such as particular days of the week, months, or holidays. For example, stocks may perform better at the start or end of the month, or there might be increased volatility around holidays. These patterns are influenced by investor behavior, institutional practices, and economic cycles. Recognizing calendar effects can help traders and investors understand potential short-term opportunities or risks, but they are not guaranteed and should be used alongside other analysis methods.