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Nevada Exploration Inc. (OTCMKT:NVDEF) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Nevada Exploration Inc. (OTCMKT:NVDEF) seasonal charts above shows that a Buy Date of June 25 and a Sell Date of September 27 has resulted in a geometric average return of 33.54% above the benchmark rate of the S&P 500 Total Return Index over the past 9 years. This seasonal timeframe has shown positive results compared to the benchmark in 7 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 9 years by an average of 57.67% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Materials sector, which runs from November 20 to May 5. The seasonal chart for the broad sector is available via the following link: Materials Sector Seasonal Chart.

A word of caution: Only 9 years of data is available for shares of NVDEF, 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.

Nevada Exploration Inc is a Canada-based company engaged in the business of acquiring, exploring and developing mineral resource properties. The company’s Nevada’s project properties include Grass Valley, South grass valley and Kelly Creek. Geographically, it has a presence in the United States and Canada.

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