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Nova Lifestyle, Inc. (NASD:NVFY) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Nova Lifestyle, Inc. (NASD:NVFY) seasonal charts above shows that a Buy Date of June 10 and a Sell Date of September 30 has resulted in a geometric average return of 24.72% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 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 8 years by an average of 60.45% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Consumer Discretionary sector, which runs from October 17 to April 12. The seasonal chart for the broad sector is available via the following link: Consumer Discretionary Sector Seasonal Chart.

A word of caution: Only 8 years of data is available for shares of NVFY, 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.

Nova Lifestyle Inc is a designer and lifestyle furniture company. It distributes and retails contemporary styled residential furniture. The firms marketing and sales platform offers retail as well as online selection and purchases fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa, Bright Swallow, and others. The firm’s products are made in the United States and Asia. Its customers mainly comprise distributors and retailers having specific geographic coverages that deploy middle to high-end private label home furnishings.

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