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Ridgeline Minerals Corp. (TSXV:RDG.V) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Ridgeline Minerals Corp. (TSXV:RDG.V) seasonal charts above shows that a Buy Date of December 8 and a Sell Date of May 3 has resulted in a geometric average return of 10.25% above the benchmark rate of the S&P 500 Total Return Index over the past 4 years. This seasonal timeframe has shown positive results compared to the benchmark in 4 of those periods. This is an excellent rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 4 years by an average of 46.79% per year.

The seasonal timeframe correlates Very Well 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 4 years of data is available for shares of RDG.V, 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.

Ridgeline Minerals Corp. engages in the exploration of precious and base metal deposits in the western United States. Its projects are Selena, Swift, Carlin-East, Bell Creek, and Robber Gulch. The company was founded by Chad Peters and Steve Neilsen in 2018 and is headquartered in Vancouver, Canada.

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