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Scorpio Bulkers Inc. (NYSE:SALT) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Scorpio Bulkers Inc. (NYSE:SALT) seasonal charts above shows that a Buy Date of February 8 and a Sell Date of April 30 has resulted in a geometric average return of 6.48% above the benchmark rate of the S&P 500 Total Return Index over the past 7 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 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 7 years by an average of 57.78% per year.

The seasonal timeframe is Inline with the period of seasonal strength for the Industrials sector, which runs from October 29 to May 10. The seasonal chart for the broad sector is available via the following link: Industrials Sector Seasonal Chart.

A word of caution: Only 7 years of data is available for shares of SALT, 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.

Scorpio Bulkers Inc is a shipping company. It owns and operates a fleet of modern mid to large-size dry bulk carriers which provide marine transportation for major bulks, which include iron ore, coal and grain and minor bulks which include bauxite, fertilizers and steel products internationally. The company’s operating segment includes Kamsarmax and Ultramax. It generates maximum revenue from the Ultramax segment. Ultramax segment includes vessels ranging from approximately 60,200 DWT to 64,000 DWT. The Kamsarmax segment includes vessels ranging from approximately 82,000 DWT to 84,000 DWT.

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