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MagneGas Corp. (NASD:MNGA) Seasonal Chart

MagneGas Corp. (NASD:MNGA) Seasonality

MNGA Relative to the S&P 500
MNGA Relative to the S&P 500

MNGA Relative to the Sector
MNGA Relative to the Sector

Monthly Seasonal MagneGas Corp. (NASD:MNGA)

Seasonal Chart Analysis

Analysis of the MagneGas Corp. (NASD:MNGA) seasonal charts above shows that a Buy Date of December 28 and a Sell Date of May 6 has resulted in a geometric average return of 67.35% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 7 of those periods. This is a very good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 8 years by an average of 78.18% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Energy sector, which runs from January 21 to May 9. The seasonal chart for the broad sector is available via the following link: Energy Sector Seasonal Chart.

A word of caution: Only 8 years of data is available for shares of MNGA, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

MagneGas Corp is a technology company that utilizes a plasma based system for the gasification and sterilization of liquid waste. It is also market, sale or licensure, its proprietary plasma arc technology for the processing of liquid waste.

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