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Avinger Inc. (NASD:AVGR) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Avinger Inc. (NASD:AVGR) seasonal charts above shows that a Buy Date of April 12 and a Sell Date of July 8 has resulted in a geometric average return of 10.58% above the benchmark rate of the S&P 500 Total Return Index over the past 3 years. This seasonal timeframe has shown positive results compared to the benchmark in 2 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 3 years by an average of 103.89% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.

A word of caution: Only 3 years of data is available for shares of AVGR, 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.

Avinger Inc is a United States-based medical device company. It is engaged in designing, manufacturing and selling image-guided, catheter-based systems that are used by physicians to treat patients with peripheral artery disease (PAD). The products offered by the firm include Lightbox imaging console, Wildcat, Kittycat, and the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery, and Pantheris, an image-guided atherectomy device, designed to allow physicians to remove arterial plaque in PAD patients. The company manufactures and sells the products in the United States and internationally of which it generates the majority of the revenue from the sales made in the United States.

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