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Finaxion Research · “Sell in May and go away” · single stocks · Recomputed 2026-09-10

Does “Sell in May and go away” work on NXPI?

“Sell in May and go away” beats buy-and-hold on NXPI by +2.1 points a year over 16 years.

Total return
×24
Buy and hold
×18
CAGR
21.9%
Sharpe
0.79
Max drawdown
-53.3%
Trades
32
Out of sample
—
Years
16
1×10×26×20112013201520172019202120232025
StrategyNXPI

Findings

  1. “Sell in May and go away” beats buy-and-hold on NXPI by +2.1 points a year over 16 years.
  2. Against the S&P 500 over the same window: +7.2 points a year.
  3. Total return ×24 versus ×18 for buy-and-hold, with 32 trades.
  4. Maximum drawdown -53.3%.
  5. It beats in both halves of the history (split at 2018).
  6. It ranks #12 of 232 markets for this strategy by annual excess over the S&P 500.

Findings derived from the full panel. Each carries its number and its denominator; the computations are reproducible with artifact 0b534dd04389.

Exactly what was tested

Long from the first trading day of November to the last of April; cash from May to October. Calendar rules: simulated with our seasonal engine, same costs as everything else.

How to read it

The verdict compares the strategy with buying and holding NXPI over the same window, with round-trip costs per asset class. “Out of sample” is walk-forward: the rule is fit on one stretch and judged on the next. A result that beats in the full sample but not out of it is overfit. Full methodology in the protocol. How we test.

Open this backtest with its trades   Trades (CSV)

Every strategy on NXPI → · Full page for “Sell in May and go away” →

How to cite

Finaxion Research (2026). Does “Sell in May and go away” work on NXPI?. Daily backtest 1962-01-01–2026-08-31, artifact 0b534dd04389. https://finaxion.app/en/research/sell-in-may/nxpi

Not a recommendation. Past performance does not guarantee future results.