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National-Oilwell Varco, Inc. (NYSE:NOV) Seasonal Chart

National-Oilwell Varco, Inc.  (NYSE:NOV) Seasonality

NOV Relative to the S&P 500
NOV Relative to the S&P 500

NOV Relative to the Sector
NOV Relative to the Sector

Monthly Seasonal National-Oilwell Varco, Inc.  (NYSE:NOV)

Seasonal Chart Analysis

Analysis of the National-Oilwell Varco, Inc. (NYSE:NOV) seasonal charts above shows that a Buy Date of January 16 and a Sell Date of April 18 has resulted in a geometric average return of 10.63% 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 14 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 11.92% per year.

The seasonal timeframe correlates Very Well 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.

National Oilwell Varco Inc is a provider in the design, manufacture and sale of equipment and components used in oil and gas drilling, completion and production operations, and the provision of oilfield services to the upstream oil and gas industry.

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