The backtest results show that CANG's stock has a low short-term win rate of 25% over 3 and 10 days following earnings misses but recovers strongly with a 75% win rate and an average 5.99% return over 30 days. This indicates that while initial market reaction tends to be weak, investors see value in holding the stock longer term. Consequently, this suggests a potential opportunity for patient investors willing to endure short-term volatility to benefit from significant upside over the following month.

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The backtest results show that earnings misses in the Software Industry had no significant impact on stock returns, with a maximum return of 5.48% occurring 59 days after the event. This suggests that these negative earnings surprises do not consistently translate into notable declines or gains for software stocks over the studied period.

The lack of a clear market response implies resilience or other overriding factors influencing stock performance beyond earnings misses. Investors might consider maintaining positions in software stocks despite earnings shortfalls, as these events alone do not predict adverse price movements.

Backtest CANG Earning Missed Expectations

Find all upcoming company earnings reports scheduled for sep 06 2025. Get details on which companies are reporting and their expected results.

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