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NXT Energy Solutions Inc. (TSE:SFD.TO) Seasonal Chart

Seasonal Chart Analysis

Analysis of the NXT Energy Solutions Inc. (TSE:SFD.TO) seasonal charts above shows that a Buy Date of November 15 and a Sell Date of March 1 has resulted in a geometric average return of 8.12% above the benchmark rate of the S&P 500 Total Return Index over the past 9 years. This seasonal timeframe has shown positive results compared to the benchmark in 8 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 9 years by an average of 33.58% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Energy sector, which runs from January 21 to May 9. The seasonal chart for the broad sector is available via the following link: Energy Sector Seasonal Chart.

A word of caution: Only 9 years of data is available for shares of SFD.TO, 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.

NXT Energy Solutions, Inc. engages in the provision of airborne, gravity-based geophysical survey to companies involved in oil and gas exploration and production. It offers the Stress Field Detection survey method used to identify trapped subsurface fluid accumulations by responding to the gravitational perturbations associated with density and stress distribution conditions that are indicative of the simultaneous existence of trap, reservoir and seal. The company was founded on September 27, 1994 and is headquartered in Calgary, Canada.

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