Gold Reserve Inc. - GDRZF - Seasonality

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Gold Reserve Inc. - GDRZF - Seasonality

Seasonality Charts

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Correlation

Pre-election

91.13%

2003

90.65%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
Probability %	50%	60%	60%	70%	50%	80%	60%	50%	56%	63%	67%	63%
Average return %	+10.17%	+1.69%	-4.04%	-2.85%	+3.61%	+12.05%	+18.23%	-2.82%	-10.18%	-0.63%	-6.58%	+3.27%
2026	+121.89%	+5.33%	+1.27%	-1.25%	+18.73%	-1.92%	-1.30%	+6.39%	+2.48%	--	--	--
2025	+10.97%	+4.65%	+5.00%	-15.34%	+12.50%	+12.22%	+93.56%	-33.50%	-36.15%	-9.04%	-16.56%	+34.13%
2024	+14.80%	-1.57%	-3.19%	+4.95%	+19.50%	+17.37%	-8.74%	-6.63%	-57.37%	+38.27%	-30.80%	0.00%
2023	-5.51%	-1.67%	+5.93%	+3.20%	-3.10%	+57.60%	+52.28%	-1.33%	-15.54%	-12.80%	+10.09%	+15.42%
2022	-11.76%	-0.95%	-29.81%	-11.64%	+12.71%	+6.05%	+12.87%	+4.69%	+10.87%	+2.97%	+9.81%	+11.21%
2021	-9.38%	+7.59%	-2.56%	-14.47%	+14.62%	+6.04%	+2.53%	+0.62%	-1.84%	0.00%	-17.50%	-9.85%
2020	+7.50%	+1.85%	-12.73%	+16.46%	-4.00%	+5.09%	+9.34%	-2.00%	-6.23%	-15.29%	+11.81%	-0.62%
2019	+14.08%	+5.96%	+7.43%	-2.80%	-2.31%	-27.17%	-5.41%	+2.86%	+2.78%	-8.11%	-8.06%	-3.58%
2018	-24.01%	+4.24%	-0.23%	-3.46%	-12.35%	+15.73%	-4.56%	-0.25%	+1.07%	+2.04%	-4.12%	-14.06%
2017	-16.85%	-8.48%	-11.53%	-4.13%	-20.16%	+29.44%	+31.69%	+0.95%	+10.81%	-3.73%	-13.86%	-3.24%

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