Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

MGIC Relative to the S&P 500

MGIC 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 Magic Software Enterprises Ltd. (NASD:MGIC) seasonal charts above shows that a Buy Date of December 29 and a Sell Date of March 28 has resulted in a geometric average return of 5.48% above the benchmark rate of the S&P 500 Total Return Index over the past 20 years. This seasonal timeframe has shown positive results compared to the benchmark in 17 of those periods. This is a very good rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 20 years by an average of 2.3% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Technology sector, which runs from October 9 to February 15. The seasonal chart for the broad sector is available via the following link: Technology Sector Seasonal Chart.

Magic Software Enterprises Ltd. operates as a global provider of end-to-end integration and application development platforms solutions and IT consulting services. It operates through the Software Services and Information Technology (IT) Professional Services segments. The Software Services segment includes proprietary and non-proprietary software technology and complementary services. The IT Professional Services segment offers services in infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental staffing services. The company was founded by David Assia on February 10, 1983 and is headquartered in Or Yehuda, Israel.

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Stocks mentioned in this post: MGIC