Help | RSS Feed



Canadian Oil Recovery & Remediation (TSXV:CVR) Seasonal Chart

Canadian Oil Recovery & Remediation (TSXV:CVR) Seasonality

CVR.V Relative to the S&P 500
CVR.V Relative to the S&P 500

CVR.V Relative to the Sector
CVR.V Relative to the Sector

Monthly Seasonal Canadian Oil Recovery & Remediation (TSXV:CVR)

Seasonal Chart Analysis

Analysis of the Canadian Oil Recovery & Remediation (TSXV:CVR) seasonal charts above shows that a Buy Date of December 10 and a Sell Date of March 7 has resulted in a geometric average return of 49.08% 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 6 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 67.13% per year.

The seasonal timeframe is Inline 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 CVR.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.

Canadian Oil Recovery & Remediation Enterprises Ltd provides oil waste management solutions to the petroleum industry. Its few operating lines include remediating oil-contaminated soil; treating sludge, oil
based muds and drilling waste; and oil recovery.

Stocks mentioned in this post:

    Search Seasonal Charts by Symbol, Company, or Term

   Symbols by Letter: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Sponsored By...
Seasonal Advantage Portfolio by CastleMoore