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MJ Holdings, Inc. (OTCMKT:MJNE) Seasonal Chart

Seasonal Chart Analysis

Analysis of the MJ Holdings, Inc. (OTCMKT:MJNE) seasonal charts above shows that a Buy Date of July 30 and a Sell Date of October 24 has resulted in a geometric average return of 48.03% 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 84.75% per year.

The seasonal timeframe is Inline 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.

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

MJ Holdings Inc engages in the provision of consulting and operating services to the regulated cannabis industry. It provides a full spectrum of infrastructure, construction, cultivation management, production management, distribution consulting, and operating services to cultivation and production operators.

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