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Open Text Corporation (TSE:OTEX) Seasonal Chart

Open Text Corporation  (TSE:OTEX) Seasonality

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

OTEX.TO Relative to the Sector
OTEX.TO Relative to the Sector

Monthly Seasonal Open Text Corporation  (TSE:OTEX)

Seasonal Chart Analysis

Analysis of the Open Text Corporation (TSE:OTEX) seasonal charts above shows that a Buy Date of October 23 and a Sell Date of February 26 has resulted in a geometric average return of 28.17% above the benchmark rate of the S&P 500 Total Return Index over the past 19 years. This seasonal timeframe has shown positive results compared to the benchmark in 18 of those periods. This is an excellent rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 19 years by an average of 21.68% per year.

The seasonal timeframe correlates Strongly with the period of seasonal strength for the Technology sector, which runs from October 9 to February 15. The seasonal chart for the broad sector is available via the following link: Technology Sector Seasonal Chart.

Open Text Corp develops and sells enterprise information management (EIM) software. The company offers EIM software that allows clients to archive, aggregate, retrieve, and search unstructured information for better management.

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