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Globex Mining Enterprises (TSE:GMX) Seasonal Chart

Globex Mining Enterprises (TSE:GMX) Seasonality

GMX.TO Relative to the S&P 500
GMX.TO Relative to the S&P 500

GMX.TO Relative to the Sector
GMX.TO Relative to the Sector

Monthly Seasonal Globex Mining Enterprises (TSE:GMX)

Seasonal Chart Analysis

Analysis of the Globex Mining Enterprises (TSE:GMX) seasonal charts above shows that a Buy Date of December 23 and a Sell Date of March 16 has resulted in a geometric average return of 15.02% above the benchmark rate of the S&P 500 Total Return Index over the past 20 years. This seasonal timeframe has shown positive results compared to the benchmark in 15 of those periods. This is a good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 20 years by an average of 28.93% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

Globex Mining Enterprises Inc is
an exploration company. The Company is engaged in acquisition, development and
exploration of mineral properties in North America. It explores for base
metals, precious metals, specialty metals and industrial minerals.

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