Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

SPRQ.V Relative to the S&P 500

SPRQ.V Relative to the Sector

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the SPARQ Systems Inc. (TSXV:SPRQ.V) seasonal charts above shows that a Buy Date of July 9 and a Sell Date of October 12 has resulted in a geometric average return of 24.22% 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 4.95% per year.

The seasonal timeframe correlates Poorly 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 5 years of data is available for shares of SPRQ.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.

Sparq Systems, Inc. designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. The company was founded by Praveen K. Jain and is headquartered in Kingston, Canada.

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Stocks mentioned in this post: SPRQ.V