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Millrock Resources Inc. (TSXV:MRO) Seasonal Chart

Millrock Resources Inc. (TSXV:MRO) Seasonality

MRO.V Relative to the S&P 500
MRO.V Relative to the S&P 500

MRO.V Relative to the Sector
MRO.V Relative to the Sector

Monthly Seasonal Millrock Resources Inc. (TSXV:MRO)

Seasonal Chart Analysis

Analysis of the Millrock Resources Inc. (TSXV:MRO) seasonal charts above shows that a Buy Date of November 16 and a Sell Date of February 9 has resulted in a geometric average return of 19.86% above the benchmark rate of the S&P 500 Total Return Index over the past 17 years. This seasonal timeframe has shown positive results compared to the benchmark in 13 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 17 years by an average of 37.28% 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.

Millrock Resources Inc a project generator to the mining industry. The Company is engaged in discovery and development of metallic mineral deposits in the State of Alaska, British Columbia, the Southwest USA, and Mexico.

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