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Westlake Chemical Partners LP (NYSE:WLKP) Seasonal Chart

Seasonal Chart Analysis

Analysis of the Westlake Chemical Partners LP (NYSE:WLKP) seasonal charts above shows that a Buy Date of October 4 and a Sell Date of January 1 has resulted in a geometric average return of 8.58% 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 4 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 5 years by an average of 13.92% per year.

The seasonal timeframe is Inline 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 WLKP, 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.

Westlake Chemical Partners LP is a part of the chemical industry in the United States. Through its operating interests in Westlake Chemical OpCo LP (OpCo), it acquires ethyelene production facilities, which primarily convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline and hydrogen to Westlake and other customers located in the United States.

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