Help | RSS Feed



Destiny Media Technologies Inc. Seasonal Chart

Destiny Media Technologies Inc. Seasonality

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

DSY.V Relative to the Sector
DSY.V Relative to the Sector

Monthly Seasonal Destiny Media Technologies Inc.

Seasonal Chart Analysis

Analysis of the Destiny Media Technologies Inc. seasonal charts above shows that a Buy Date of March 30 and a Sell Date of August 25 has resulted in a geometric average return of 25.5% 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 6 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 7 years by an average of 42.55% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Technology sector, which runs from October 9 to February 15. The seasonal chart for the broad sector is available via the following link: Technology Sector Seasonal Chart.

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

Destiny Media Technologies Inc develops and markets services that enable the secure distribution of digital media content over the internet.

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