Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

CWGYF Relative to the S&P 500

CWGYF Relative to the Sector

Seasonal Chart Analysis

Analysis of the Carnegie Clean Energy Ltd. (OTCMKT:CWGYF) seasonal charts above shows that a Buy Date of December 21 and a Sell Date of March 13 has resulted in a geometric average return of 15.71% above the benchmark rate of the S&P 500 Total Return Index over the past 15 years. This seasonal timeframe has shown positive results compared to the benchmark in 11 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 15 years by an average of 54.73% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Utilities sector, which runs from July 23 to October 3. The seasonal chart for the broad sector is available via the following link: Utilities Sector Seasonal Chart.

Carnegie Clean Energy Ltd is the developer of utility-scale solar, battery, wave, and hybrid energy projects. The firm is mainly engaged in CETO wave energy technology/microgrid build, own, operator, which is developing and commercializing technology for zero-emission electricity generation from ocean swell, and the production and selling of energy through the ownership of microgrids; and Solar and Battery engineering and procurement. The firm realizes revenue from the sales of Garden Island Microgrid.

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Stocks mentioned in this post: CWGYF