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Athabasca Minerals Inc. (OTCMKT:ABCAF) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Athabasca Minerals Inc. (OTCMKT:ABCAF) seasonal charts above shows that a Buy Date of December 28 and a Sell Date of May 3 has resulted in a geometric average return of 19.07% 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 3 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 4 years by an average of 53.12% per year.

The seasonal timeframe correlates Fairly 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 ABCAF, 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.

Athabasca Minerals Inc is a Canada-based resource company. It is engaged in the management, exploration, and development of aggregate projects in Alberta. Its activities include contracts works, aggregate pit management, aggregate production and sales from corporate-owned pits, new aggregate development, and acquisitions of sand and gravel operations. The firm is engaged in supplying aggregate products to various sectors in the Alberta market, which includes supplying aggregates to new and existing oil sands projects, as well as infrastructure projects.

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