Backtest
The backtest results indicate that AER shows a strong positive performance following earnings beats, with a 75% win rate over 10 and 30 days and a 4.11% average return over 30 days. This contrasts with the broader Trading Companies & Distributors industry, which exhibits no significant price impact from earnings beats, with only a modest 3.67% return after 53 days. This suggests that AER’s earnings beats are a more reliable indicator of stock gains than the industry average. Investors may benefit from holding AER shares for up to a month post-earnings beat to maximize returns.