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Granite Oil Corp. (OTCMKT:GXOCF) Seasonal Chart

GXOCF Relative to the S&P 500
GXOCF Relative to the S&P 500

GXOCF Relative to the Sector
GXOCF Relative to the Sector

Monthly Seasonal Granite Oil Corp. (OTCMKT:GXOCF)

Seasonal Chart Analysis

Analysis of the Granite Oil Corp. (OTCMKT:GXOCF) seasonal charts above shows that a Buy Date of December 14 and a Sell Date of May 9 has resulted in a geometric average return of 18.08% 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 48.11% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Energy sector, which runs from January 21 to May 9. The seasonal chart for the broad sector is available via the following link: Energy Sector Seasonal Chart.

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

Granite Oil Corp is a Canada-based oil producer based in Calgary, Alberta with lands and operations located in southern Alberta.

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