The backtest results for MTB following earnings beats show mixed performance, with a 57.14% win rate at 3 and 30 days but a low 28.57% win rate at 10 days. Returns are modestly positive short-term at 0.17% over 3 days but turn negative over 10 and 30 days, with -3.22% and -2.39% respectively. This suggests that while immediate reactions to earnings beats can be slightly positive, the medium-term trend tends to be unfavorable.

The analysis indicates that MTB's price response to earnings beats lacks sustained strength beyond the short term.

Investors should be cautious holding MTB long term after earnings beats and consider short-term trading strategies instead.

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The backtest results show that MTB experienced a 60% win rate over 3 days and an 80% win rate over both 10 and 30 days following earnings misses, with returns improving from -1.53% at 3 days to 5.01% at 30 days. This indicates a short-term dip followed by a strong recovery and positive momentum in the medium term. Investors might consider that despite initial negative reactions, MTB tends to rebound and generate gains within a month after earnings disappointments, suggesting potential buying opportunities post-earnings miss.

The backtest results reveal that the Banks Industry experienced a slight negative impact following earnings beats, with a maximum return of only 0.63% occurring 59 days after the event. This suggests that despite positive earnings surprises, the sector did not benefit significantly in terms of price appreciation over the tested period.

The minimal positive return and overall negative impact indicate that earnings beats may not be a strong driver for Banks Industry stock performance. Investors should be cautious and consider other factors beyond earnings surprises when evaluating banking stocks.

This insight advises a more nuanced approach to investing in the Banks Industry post-earnings beat, emphasizing risk management.

The backtest results show that when the Banks Industry misses earnings expectations, the impact is consistently negative with a maximum return of -0.26% on the event day. This indicates a weak immediate market reaction to earnings misses within this sector. The analysis suggests that earnings misses in the Banks Industry tend to result in slight but persistent negative returns, reflecting investor caution. For investors, this implies a defensive stance may be warranted when banks report earnings below expectations, as the sector is prone to modest downside pressure in such scenarios.

Backtest MTB Earning Beats Expectations

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