The backtest of TSM earnings beating expectations shows mixed short-term results with a 50% win rate over 3 days and a negative average return of -0.07%. The medium-term 10-day performance is weaker, with only a 41.67% win rate and a -1.20% return. However, over 30 days, TSM exhibits a stronger positive trend, achieving a 66.67% win rate and a 7.00% average return. This suggests that while immediate reactions are uncertain, holding TSM for up to a month post-earnings beat can be rewarding. Investors should consider a longer horizon to capitalize on earnings surprises.

backtest_data

The backtest shows that when the Semiconductors & Semiconductor Equipment Industry beats earnings expectations, the industry typically experiences a positive return, with a maximum average gain of 1.91% occurring around 14 days after the event. This indicates a consistent moderate positive reaction within the sector. The moderate magnitude and timing of the return suggest that investors may benefit from holding positions in this industry shortly after earnings beats to capture potential upside.

The backtest reveals that TSMC's earnings beat produced a marked positive impact on the Semiconductors and Semiconductor Equipment industry, with sustained gains over 60 days. Conversely, the Chemical Products industry experienced a negative response during a similar period. This divergence reflects strong demand and profitability driving the semiconductor sector, attracting capital and growth focus. Investors may consider increasing exposure to semiconductor-related industries following TSMC’s earnings beat, while adopting a cautious stance toward chemical product sectors likely affected by sector rotation and resource shifts.

backtest_industry_impact_data

Backtest TSM Earnings Beats Expectations

Find all upcoming company earnings reports scheduled for jul 17 2025. Get details on which companies are reporting and their expected results.

Calendar