Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

EQX Relative to the S&P 500

EQX 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 Equinox Gold Corp. (AMEX:EQX) seasonal charts above shows that a Buy Date of June 8 and a Sell Date of August 28 has resulted in a geometric average return of 3.9% 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 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 27.58% 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 9 years of data is available for shares of EQX, 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.

Equinox Gold Corp is a growth focused gold producer operating entirely in the Americas, with projects in Canada, the USA, Mexico, and Brazil. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing a pipeline of growth projects.

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Stocks mentioned in this post: EQX