Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

NGXXF Relative to the S&P 500

NGXXF 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 NGEx Minerals Ltd. (OTCMKT:NGXXF) seasonal charts above shows that a Buy Date of August 29 and a Sell Date of January 24 has resulted in a geometric average return of 60.92% above the benchmark rate of the S&P 500 Total Return Index over the past 5 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is an excellent rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 5 years by an average of 32.58% 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 5 years of data is available for shares of NGXXF, 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.

NGEx Minerals Ltd. is a copper and gold exploration company. It is engaged in the acquisition, exploration, and development of mineral properties located in South America. The firm’s projects include Los Helados, Lunahuasi and Valle Ancho. The company was founded on February 21, 2019 and is headquartered in Vancouver, Canada.

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Stocks mentioned in this post: NGXXF