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Snowline Gold Corp. (TSXV:SGD.V) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Snowline Gold Corp. (TSXV:SGD.V) seasonal charts above shows that a Buy Date of June 26 and a Sell Date of October 3 has resulted in a geometric average return of 46.98% above the benchmark rate of the S&P 500 Total Return Index over the past 5 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is an excellent rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 5 years by an average of 7.11% 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 5 years of data is available for shares of SGD.V, 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.

Snowline Gold Corp is a gold exploration company. The company is exploring its Einarson and Rogue gold projects in Selwyn Basin. All projects of the company lie in the prolific Tintina gold province that hosts gold mines and deposits from Kinross’ Fort Knox to Goldcorp’s Coffee. The Company operates in a single reportable operating segment, being the exploration and development of mineral properties.

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