Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

MJNA Relative to the S&P 500

MJNA Relative to the Sector

Seasonal Chart Analysis

Analysis of the Medical Marijuana Inc. (OTCMKT:MJNA) seasonal charts above shows that a Buy Date of December 29 and a Sell Date of May 24 has resulted in a geometric average return of 11.21% above the benchmark rate of the S&P 500 Total Return Index over the past 16 years. This seasonal timeframe has shown positive results compared to the benchmark in 10 of those periods. This is a fair rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 16 years by an average of 54.98% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company’s products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.

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Stocks mentioned in this post: MJNA