The backtest results show that TTE typically recovers its dividend drop in an average of 1.29 days, with a 70% probability of recovery within 15 days after the ex-dividend date. This indicates a strong and quick price rebound following dividend payouts, reflecting market confidence in the stock's value. Investors can consider this pattern as a signal that TTE's price dip due to dividend distribution is generally short-lived, suggesting potential opportunities for short-term trading strategies around ex-dividend events.

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Backtest TTE Ex-Dividend

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