Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

WEBNF Relative to the S&P 500

WEBNF Relative to the Sector

Seasonal Chart Analysis

Analysis of the Westpac Banking Corp. (OTCMKT:WEBNF) seasonal charts above shows that a Buy Date of December 26 and a Sell Date of April 30 has resulted in a geometric average return of 4.75% above the benchmark rate of the S&P 500 Total Return Index over the past 19 years. This seasonal timeframe has shown positive results compared to the benchmark in 15 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 19 years by an average of 10.71% per year.

The seasonal timeframe correlates Fairly Well with the period of seasonal strength for the Financial sector, which runs from November 22 to April 13. The seasonal chart for the broad sector is available via the following link: Financial Sector Seasonal Chart.

Westpac is Australia’s oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.

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Stocks mentioned in this post: WEBNF