Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

ARRRF Relative to the S&P 500

ARRRF Relative to the Sector

Seasonal Chart Analysis

Analysis of the Ardea Resources Ltd. (OTCMKT:ARRRF) seasonal charts above shows that a Buy Date of October 31 and a Sell Date of January 19 has resulted in a geometric average return of 3.35% above the benchmark rate of the S&P 500 Total Return Index over the past 7 years. This seasonal timeframe has shown positive results compared to the benchmark in 6 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 7 years by an average of 37.04% per year.

The seasonal timeframe is Inline 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 7 years of data is available for shares of ARRRF, 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.

Ardea Resources Ltd. engages in the provision of exploration and development of mineral properties in Australia. Its projects include Kalgoorlie Nickel Cobalt, Nickel Sulphide Exploration, Rare Earth Element Exploration, Lithium-Caesium-Tantalum Exploration, and other projects in Western Australia. The company was founded on August 17, 2016 and is headquartered in West Perth, Australia.

To download ARRRF seasonal chart data, please log in or Subscribe.

Stocks mentioned in this post: ARRRF