Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

ELBM Relative to the S&P 500

ELBM Relative to the Sector

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the Electra Battery Materials Corp. (NASD:ELBM) seasonal charts above shows that a Buy Date of July 12 and a Sell Date of October 18 has resulted in a geometric average return of 3.05% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is a fair rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 8 years by an average of 54.28% 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.

A word of caution: Only 8 years of data is available for shares of ELBM, 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.

Electra Battery Materials Corp. engages in the refining, acquisition, and exploration of resource properties. Its project portfolio includes Iron Creek and Battery Materials Park. The company was founded on July 13, 2011 and is headquartered Toronto, Canada.

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Stocks mentioned in this post: ELBM