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Noront Resources Ltd. (TSXV:NOT) Seasonal Chart

Noront Resources Ltd. (TSXV:NOT) Seasonality

NOT.V Relative to the S&P 500
NOT.V Relative to the S&P 500

NOT.V Relative to the Sector
NOT.V Relative to the Sector

Monthly Seasonal Noront Resources Ltd. (TSXV:NOT)

Seasonal Chart Analysis

Analysis of the Noront Resources Ltd. (TSXV:NOT) seasonal charts above shows that a Buy Date of October 2 and a Sell Date of February 15 has resulted in a geometric average return of 7.62% above the benchmark rate of the S&P 500 Total Return Index over the past 16 years. This seasonal timeframe has shown positive results compared to the benchmark in 11 of those periods. This is a good rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 16 years by an average of 3.62% 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.

Noront Resources Ltd is a resource company. It is involved in the exploration, development and acquisition of properties prospective in base and precious metals, including nickel, copper, platinum group metals, precious metals, chromite, and vanadium.

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