Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

ERDCF Relative to the S&P 500

ERDCF 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 Erdene Resource Development Corp. (OTCMKT:ERDCF) seasonal charts above shows that a Buy Date of December 25 and a Sell Date of April 15 has resulted in a geometric average return of 24.23% above the benchmark rate of the S&P 500 Total Return Index over the past 19 years. This seasonal timeframe has shown positive results compared to the benchmark in 16 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 19 years by an average of 37.91% per year.

The seasonal timeframe correlates Fairly Well 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.

Erdene Resource Development Corp is a Canadian-based resource exploration company. It is primarily engaged in the exploration and development of precious metals and mineral deposits in Mongolia. The company’s project consists of Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar. The Bayan Khundii and Altan Nar project is located within the Tian-Shan copper-gold belt in southwest Mongolia from the Chinese border city of Ceke. The Zuun Mod project is located within 200 kilometers of China’s border in Mongolia’s Bayankhongor Province. The Khuvyn Khar copper-silver project is located on the Zuun Mod property.

To download ERDCF seasonal chart data, please log in or Subscribe.

Stocks mentioned in this post: ERDCF