Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

CANOF Relative to the S&P 500

Seasonal Chart Analysis

Analysis of the California Nanotechnologies Corp. (OTCMKT:CANOF) seasonal charts above shows that a Buy Date of December 29 and a Sell Date of May 21 has resulted in a geometric average return of 34.36% 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 9 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 9 years by an average of 16.65% per year.

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

California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include precision forged components, thermal spray powders, nano light alloy powders, nanoalloy billets, nano superalloy powders, cemented carbides, and tooling. The company products are used in Aerospace, Defense, Automotive, Medical, and Sport and Recreation industries. It has extensive experience in dozens of R&D and pilot production projects with Industrial partners, National Labs, and Universities.

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Stocks mentioned in this post: CANOF