$Straits Times Index(STI.SI)$ has reached its highest point in many years, but the historical data shows the market still needs to rise for another 4 months?But according to the seasonal effect of the past 24 years, October, November, December and January are still rising.In October, November, December and January, the average increase was 0.42%, 0.84%, 1.46% and 0.52%.Source bloomberg, data as of 25 september 2024Tiger analyst @Tiger_James Ooi pointed out that although the STI market is approaching its historical high, many high-yield bank and SREITs stocks are still undervalued and may continue to rise in the future.See the following three pictures:Bank’s valuations are not demanding.