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Admin123 : Admin - Sapphire Capitals
Date : 2022-04-24

Stock of interest - Week 17 - AUSTRALIA - SEASONALITY

The week beginning Monday, the 25^th April is Week 17 as per ISO numbering convention of the weeks of a year. Since Monday is a ANZAC holiday in Australia, the first trading day of Week 17 would the Tuesday, the 26^th April.

Country in focus:

This week we look at the Stocks from Australia in ASX300 index.

Stock/ETF in focus:

Specific Stock in focus is Aristocrat Leisure Limited (Ticker: ALL), in the Electronic Gaming & Multimedia industry.

Trade Direction:

BULLISH, Seasonality study for last 10 years reveal 80% probability of success in a BUY (LONG) trade.

Overview:

Aristocrat Leisure Limited, together with its subsidiaries, engages in the development, assembly, sale, distribution, and servicing of games and systems in the Americas, Australia, New Zealand, and internationally. The company offers gaming content; and platforms and systems, including electronic gaming machines, digital social games, and casino management systems, as well as free-to-play mobile games. It also provides cabinets and gaming products. The company was incorporated in 1984 and is headquartered in North Ryde, Australia.

Fundamentals:

52-week range 32.16 - 49.65

Avg. volume 1,935,978

Market cap 21.87B

PE ratio (TTM) 25.42

1y target estimate 44.16

Current trading price:

As of Friday close of 22^nd April 2022, the stock was trading at 32.66.

SEASONALITY:

The stock demonstrated strong SEASONAL move in week 17 of the year, here are some of the details of its SEASONAL behaviour:

In 8 out of last 10 years in week 17, the stock was bullish with average move up (AMU) of 18.01% and average move down (AMD) of 2.99% for an average holding time (ADH) of 41 days.
If 1,000 stocks were bought in the beginning of week 17 every year for last 10 years, then a trader would have had a Gross Profit of $32,150, Gross Loss of $790, making a Total Net Profit of $31,360.
In those 10 years, the Largest Win was $6,350, Largest Loss is $450, the Average profit/trade being $3,140.
The average Reward-Risk Ratio (RRR) in those trades were about 41:1.

Charts & Tables:

Summary report extract:

Trade Performance (Single Stock/ETF/Index, non-leveraged): 2012-2021:

Histogram:

Latest event candlestick chart:

Year By Year Trade Performance

Further Information about trading applications:

Please visit the following URL for more information on various trading applications from Sapphire Capitals which are designed to deliver high probability trading opportunities for swing trading as well as for intraday trading:

Disclaimer:

Sapphire Private Assets (ABN: 34 613 892 023, trading as Sapphire Capitals) is not a broker or a financial adviser but an education and research organisation; we provide training and tools for traders and DIY fund managers for trading in global financial markets. The contents of the blog have been produced by using technical analysis and trading applications developed by Sapphire Capitals for the Stock and ETF traded worldwide. The contents of this blog are intended for education and research purposes only and is not a recommendation or solicitation to invest in any Stock or ETF.

For more details, please visit www.sapphirecapitals.com/Disclaimer.