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Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

FSUGY Relative to the S&P 500

FSUGY Relative to the Sector

Seasonal Chart Analysis

Analysis of the Fortescue Metals Group Limited (OTCMKT:FSUGY) seasonal charts above shows that a Buy Date of October 4 and a Sell Date of February 17 has resulted in a geometric average return of 16.11% 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 13 of those periods. This is a very good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 16 years by an average of 21.26% 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.

Fortescue Ltd. engages in the development of iron ore deposits. It operates through the Metals and Energy segments. The Metals segment includes exploration, development, production, processing, sale, and transportation of iron ore, and the exploration for other minerals. The Energy segment is involved in the development of green electricity, green hydrogen, and green ammonia projects. The company was founded by John Andrew Henry Forrest in April 2003 and is headquartered in East Perth, Australia.

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Stocks mentioned in this post: FSUGY