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Medical Marijuana Inc. (OTCMKT:MJNA) Seasonal Chart

Medical Marijuana Inc. (OTCMKT:MJNA) Seasonality

MJNA Relative to the S&P 500
MJNA Relative to the S&P 500

MJNA Relative to the Sector
MJNA Relative to the Sector

Monthly Seasonal Medical Marijuana Inc. (OTCMKT:MJNA)

Seasonal Chart Analysis

Analysis of the Medical Marijuana Inc. (OTCMKT:MJNA) seasonal charts above shows that a Buy Date of December 18 and a Sell Date of May 6 has resulted in a geometric average return of 56.38% above the benchmark rate of the S&P 500 Total Return Index over the past 9 years. This seasonal timeframe has shown positive results compared to the benchmark in 7 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 9 years by an average of 76.44% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.

A word of caution: Only 9 years of data is available for shares of MJNA, 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.

Marijuana Inc is engaged in the development, sale and distribution of cannabinoid based health and wellness products and the development of medical grade compounds. Its portfolio of products and services solely focused on legal hemp industry.

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