Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

KRI.V Relative to the S&P 500

Seasonal Chart Analysis

Analysis of the Kobo Resources Inc. (TSXV:KRI.V) seasonal charts above shows that a Buy Date of February 4 and a Sell Date of May 21 has resulted in a geometric average return of 72.9% 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 75.26% per year.

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

Kobo Resources Inc is an exploration and mining development company focused on acquiring, exploring and developing gold property assets located in West Africa and primarily in Cote d’Ivoire.

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Stocks mentioned in this post: KRI.V