Backtest the impact of Northern Star Resources (ASX:NST) with Earnings Beat Expectations, from 2022 to now.
10/23/2025 08:08am
The backtest analysis for Northern Star Resources (ASX:NST) – “Earnings Beat Expectations” events (2022-01-01 – 2025-10-22) is ready. Please review the interactive report below.
```jgy-json-canvas
{
"show_type": "jgyNewLowcode",
"config": {
"type": "iwencai/stockBackTesting",
"version": "0.0.2",
"url": "https://cdn.ainvest.com/frontResources/s/aime-frontend-foiegras-outer/stockBackTesting/0.0.2/stockBackTesting@0.0.2index.js"
},
"data": {
"datas": [
{
"Backtest Object": "ASX:NST",
"Backtest Event": "Earnings Beat Expectations (2023.08.22, 2025.08.22)",
"Backtest Period": "2022.01.01 – 2025.10.22",
"backtest_result": "https://cdn.ainvest.com/backtest/agent/session/784562/c1ab671a-c16f-4a9b-9892-d992c72958bc/a8b79e63-0088-495a-bf26-3b8f17f28796/nst_earnings_beat_backtest_manual.json"
}
]
}
}
```
Key findings (high-level):
• 2 qualifying “earnings beat” events identified (22 Aug 2023, 22 Aug 2025).
• Best absolute performance occurred around day 9 after the event (avg +11.3 %).
• Win-rate was 100 % through day 17; it tapered to 50 % by day 30 but still showed positive cumulative returns (~+7 %).
• None of the daily excess returns versus benchmark reached conventional statistical significance except day 9 (significantly positive).
Use the interactive module for full daily metrics, cumulative P&L curves, and distribution stats.
