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Seasonal Start
Economic Data
Cannabis Bioscience International Holdings, Inc. (OTCMKT:CBIH) Seasonal Chart
Seasonal Chart Analysis
Analysis of the Cannabis Bioscience International Holdings, Inc. (OTCMKT:CBIH) seasonal charts above shows that a Buy Date of May 16 and a Sell Date of August 4 has resulted in a geometric average return of 30.88% 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 10 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 14 years by an average of 130.88% per year.
The seasonal timeframe is Inline with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.
Cannabis Bioscience International Holdings Inc provides educational systems focused on medical cannabis in cities throughout the United States and six countries in Latin America. The company provides services in therapeutic areas of clinical trials and services relating to sleep disorders through its sleep center in Houston, Texas. It offered concierge medicine at an affordable price through a membership-based model through its wholly-owned subsidiary.
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Stocks mentioned in this post: CBIH
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