Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

NVNO Relative to the S&P 500

NVNO Relative to the Sector

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the enVVeno Medical Corporation (NASD:NVNO) seasonal charts above shows that a Buy Date of June 13 and a Sell Date of September 12 has resulted in a geometric average return of 33.76% above the benchmark rate of the S&P 500 Total Return Index over the past 6 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 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 6 years by an average of 77.86% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.

A word of caution: Only 6 years of data is available for shares of NVNO, 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.

enVVeno Medical Corp is a medical device company focused on the development of?bioprosthetic (tissue-based) devices to improve the standard of care in the treatment of venous disease. Its?product, the VenoValve, is a first-in-class, surgical implant being developed for the treatment of severe deep venous Chronic Venous Insufficiency (CVI).

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Stocks mentioned in this post: NVNO