Orthofix Medical Inc. (NASD:OFIX) Seasonal Chart
OFIX Relative to the S&P 500
OFIX Relative to the Sector
Analysis of the Orthofix Medical Inc. (NASD:OFIX) seasonal charts above shows that a Buy Date of November 5 and a Sell Date of February 20 has resulted in a geometric average return of 10.25% above the benchmark rate of the S&P 500 Total Return Index over the past 20 years. This seasonal timeframe has shown positive results compared to the benchmark in 17 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 20 years by an average of 9.81% per year.
The seasonal timeframe correlates Poorly with the period of seasonal strength for the Healthcare sector, which runs from April 25 to December 4. The seasonal chart for the broad sector is available via the following link: Healthcare Sector Seasonal Chart.
Orthofix Medical Inc is a medical device company that provides reconstructive and regenerative orthopedic and spine solutions to physicians. The company has four reportable segments include Bone Growth Therapies, Spinal Implants, Biologics, and Orthofix Extremities. It generates maximum revenue from Bone Growth Therapies segment. Geographically, it generates maximum revenue from a company the U.S and also has a presence in Italy, Germany, United Kingdom, Brazil, and other countries.
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Stocks mentioned in this post: OFIX