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Major Drilling Group Int’l Inc. (TSE:MDI) Seasonal Chart

Major Drilling Group Int'l Inc.  (TSE:MDI) Seasonal Chart

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

MDI.TO Relative to the Sector
MDI.TO Relative to the Sector

MDI.TO Monthly Averages

Seasonal Chart Analysis

Analysis of the Major Drilling Group Int’l Inc. (TSE:MDI) seasonal charts above shows that a Buy Date of November 28 and a Sell Date of February 18 has resulted in a geometric average return of 10.11% 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 14.93% per year.

The seasonal timeframe correlates Poorly 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.

Major Drilling Group International Inc. is engaged in the business of contract drilling. Basically it provides services to companies which are involved in mining and mineral exploration.

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