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OceanaGold (TSE:OGC) Seasonal Chart

OceanaGold (TSE:OGC) Seasonality

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

OGC.TO Relative to the Sector
OGC.TO Relative to the Sector

Monthly Seasonal OceanaGold (TSE:OGC)

Seasonal Chart Analysis

Analysis of the OceanaGold (TSE:OGC) seasonal charts above shows that a Buy Date of December 22 and a Sell Date of March 22 has resulted in a geometric average return of 41.68% 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 43.46% per year.

The seasonal timeframe correlates Fairly Well 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.

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

OceanaGold Corp is
engaged in the exploration, development & operations of gold & other
mineral mining activities. It operates two open cut mines & underground operations at Didipio in the Philippines. Currently its constructing the Haaile Gold Project.

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