Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

ZNG.V Relative to the S&P 500

ZNG.V 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 Group Eleven Resources Corp. (TSXV:ZNG.V) seasonal charts above shows that a Buy Date of November 30 and a Sell Date of March 28 has resulted in a geometric average return of 41.1% 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 6 of those periods. This is an excellent 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 62.72% 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.

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

Group Eleven Resources Corp is a Canada-based mining company. Principally, it is engaged in the business of exploration of mineral properties. The company’s project consists of Ballinalack, PG West, Stonepark, and Silvermines among others.

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

Stocks mentioned in this post: ZNG.V