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Chesapeake Gold Corp. (OTCMKT:CHPGF) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Chesapeake Gold Corp. (OTCMKT:CHPGF) seasonal charts above shows that a Buy Date of May 21 and a Sell Date of August 10 has resulted in a geometric average return of 17.03% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is a fair rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 8 years by an average of 43.72% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

A word of caution: Only 8 years of data is available for shares of CHPGF, 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.

Chesapeake Gold Corp is a Canadian mining company focused on the exploration, development, and recovery of precious metals. The company’s operations are principally directed towards the development of the company’s Metates project in Durango State, Mexico and generating a pipeline of exploration projects in north western Mexico. In addition, it also holds interests in La Gitana, La Cecilia, and El Escorpion projects. The group primarily explores for gold and silver deposits. Geographically all the operations are primarily functioned through the regions of Canada.

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