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MediciNova Inc. (NASD:MNOV) Seasonal Chart

Seasonal Chart Analysis

Analysis of the MediciNova Inc. (NASD:MNOV) seasonal charts above shows that a Buy Date of December 5 and a Sell Date of March 7 has resulted in a geometric average return of 18.42% above the benchmark rate of the S&P 500 Total Return Index over the past 11 years. This seasonal timeframe has shown positive results compared to the benchmark in 8 of those periods. This is a good rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 11 years by an average of 20.54% 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.

MediciNova Inc is a biopharmaceutical company. It is engaged in
acquiring and developing small molecule therapeutics for the treatment of
serious diseases with unmet medical needs.

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