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Eldorado Gold Corporation (TSE:ELD) Seasonal Chart

Eldorado Gold Corporation  (TSE:ELD) Seasonal Chart

ELDORADO GOLD CORP COM NPV (ELD.TO) Seasonality

Analysis has revealed that with a buy date of July 27 and a sell date of May 29, investors have benefited from a total return of 6438.56% over the last 10 years. This scenario has shown positive results in 9 of those periods.

The buy and hold return for the past 10 years was 1392%.

 

 

Average Daily Return over past 10 years

  2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Average 0.17% 0.28% 0.02% 0.07% 0.16% 0% 0.22% 0.66% -0.05% -0.12%
Up Days 131 131 130 123 119 111 118 121 69 85
Down Days 117 119 122 120 118 129 118 118 100 106

 

Monthly Averages over past 13 years:

Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec.
12.16% 5.41% -3.08% 1.86% 6.8% -1.45% -7.58% 1.72% 19.8% -6.49% -3.08% 7.67%

 

 

According to Thackray’s 2010 Investors Guide, the period of seasonal strength for the Materials Sector ranges from November 19th through to May 5th. Seasonal strength in the sector corresponds with the traditional period when demand for base materials increase.

Average Return Positive Periods % of Sessions Gaining Within Periods
82.41% 1 Out of Last 1 Period 56.14%
44.12% 3 Out of Last 3 Periods 52.19%
25.79% 4 Out of Last 5 Periods 49.66%
34.88% 6 Out of Last 10 Periods 44.68%

 

[feedsnap, 5]http://www.equityclock.com/feed/?tag=ELD.TO[/feedsnap]

 

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