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Bitauto Holdings Ltd. (NYSE:BITA) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Bitauto Holdings Ltd. (NYSE:BITA) seasonal charts above shows that a Buy Date of May 23 and a Sell Date of September 30 has resulted in a geometric average return of 15.85% 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 7 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 9 years by an average of 22.37% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Industrials sector, which runs from October 29 to May 10. The seasonal chart for the broad sector is available via the following link: Industrials Sector Seasonal Chart.

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

Bitauto Holdings Ltd is a provider of internet content and marketing services. The company operates in three main segments: Advertising and subscription business, Transaction service business and Digital marketing solutions business. The firm’s major customers are automakers and automobile dealers.

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