Help | RSS Feed

Perseus Mining Ltd. (OTCMKT:PMNXF) Seasonal Chart

PMNXF Relative to the S&P 500
PMNXF Relative to the S&P 500

PMNXF Relative to the Sector
PMNXF Relative to the Sector

Monthly Seasonal Perseus Mining Ltd.  (PMNXF)

Seasonal Chart Analysis

Analysis of the Perseus Mining Ltd. (PMNXF) seasonal charts above shows that a Buy Date of December 23 and a Sell Date of April 9 has resulted in a geometric average return of 17.88% 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 6 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 8 years by an average of 52.45% per year.

The seasonal timeframe correlates Fairly Well 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 8 years of data is available for shares of PMNXF, 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.

Perseus Mining Ltd is engaged in the exploration, evaluation, development, and mining of gold properties in West Africa.

Stocks mentioned in this post:

    Search Seasonal Charts by Symbol, Company, or Term

   Symbols by Letter: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Sponsored By...
Seasonal Advantage Portfolio by CastleMoore