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Randgold Resources Ltd. (NASD:GOLD) Seasonal Chart

Randgold Resources Ltd. (NASD:GOLD) Seasonality

GOLD Relative to the S&P 500
GOLD Relative to the S&P 500

GOLD Relative to the Sector
GOLD Relative to the Sector

Monthly Seasonal Randgold Resources Ltd. (NASD:GOLD)

Seasonal Chart Analysis

Analysis of the Randgold Resources Ltd. (NASD:GOLD) seasonal charts above shows that a Buy Date of May 29 and a Sell Date of August 22 has resulted in a geometric average return of 9.03% above the benchmark rate of the S&P 500 Total Return Index over the past 14 years. This seasonal timeframe has shown positive results compared to the benchmark in 12 of those periods. This is a very good rate of success and the return slightly outperforms the relative buy-and-hold performance of the stock over the past 14 years by an average of 0.75% per year.

The seasonal timeframe correlates Poorly 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.

Randgold Resources Ltd is engaged in the exploration and development of gold deposits in Sub-Saharan Africa. It operates 5 gold mines in Africa – Loulo, Gounkoto and Morila in Mali, Tongon in C?te d’Ivoire and Kibali in the DRC.

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