Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

CJ.TO Relative to the S&P 500

CJ.TO Relative to the Sector

% of Revenue Generated in Each Quarter

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the Cardinal Energy Ltd. (TSE:CJ.TO) seasonal charts above shows that a Buy Date of March 18 and a Sell Date of June 8 has resulted in a geometric average return of 14.9% 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 8 of those periods. This is a very 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 24.09% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Energy sector, which runs from January 21 to May 9. The seasonal chart for the broad sector is available via the following link: Energy Sector Seasonal Chart.

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

Cardinal Energy Ltd is an oil-focused Canadian company. The company’s principal business activity is the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta and Saskatchewan.

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Stocks mentioned in this post: CJ.TO