Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

BTCW.V Relative to the S&P 500

Seasonal Chart Analysis

Analysis of the Bitcoin Well Inc. (TSXV:BTCW.V) seasonal charts above shows that a Buy Date of October 9 and a Sell Date of January 12 has resulted in a geometric average return of 52.3% 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 5 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 7 years by an average of 66.65% per year.

A word of caution: Only 7 years of data is available for shares of BTCW.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.

Bitcoin Well, Inc. engages in the buying and selling of bitcoin through automated teller machine network and suite of web-based transaction services. It also offers bill payment solutions, buying gift cards with bitcoin and other cryptocurrencies. The company was founded on December 20, 2017 and is headquartered in Edmonton, Canada.

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Stocks mentioned in this post: BTCW.V