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Petro Matad Ltd. (OTCMKT:PRTDF) Seasonal Chart

PRTDF Relative to the S&P 500
PRTDF Relative to the S&P 500

PRTDF Relative to the Sector
PRTDF Relative to the Sector

Monthly Seasonal Petro Matad Ltd. (OTCMKT:PRTDF)

Seasonal Chart Analysis

Analysis of the Petro Matad Ltd. (OTCMKT:PRTDF) seasonal charts above shows that a Buy Date of December 22 and a Sell Date of March 25 has resulted in a geometric average return of 85.65% 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 7 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 8 years by an average of 133.96% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Energy sector, which runs from January 21 to May 9. The seasonal chart for the broad sector is available via the following link: Energy Sector Seasonal Chart.

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

Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. It has three production sharing contracts, which are all in the exploration stage: Blocks IV, V, and XX, covering a total area of 60,340 km2.

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