Backtest the impact of MA with Earnings Beat Expectations, from 2022 to now.

Below is an interactive event-backtest module that shows how Mastercard (MA) has typically traded after quarters in which its reported EPS surpassed the previous quarter’s EPS (used here as a practical proxy for “earnings-beat” because analyst-consensus data were not available).
The study covers every earnings release from 2022-01-01 through 2025-09-27 and measures the stock’s performance for 30 trading days after each event.

{
 "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": "MA",
 "Backtest Event": "Earnings-beat dates (2022.01.01 … 2025.09.27)",
 "Backtest Period": "2022.01.01 - 2025.09.27",
 "backtest_result": "https://cdn.ainvest.com/backtest/agent/session/784562/a0060e8c-e083-4d42-bf94-0a70f100dd12/75fc7353-cf08-460c-bde9-176d125a9be5/ma_event_bt_result.json"
 }
 ]
 }
}

Key takeaways (also visible in the module):
• 31 qualifying earnings-beat events were identified.
• The median 10-day post-event return was +0.43 %, with a 67.7 % win rate versus the benchmark’s +0.61 %.
• The strongest relative edge appeared around trading day 26 (+3.84 % vs +1.54 %), but results were not statistically significant at conventional thresholds.

Assumptions & limitations
1. “Earnings beat” was approximated as a quarter in which Actual EPS exceeded the prior quarter, because consensus-estimate data were not provided in the source feed. If you have access to analyst-estimate surprises, we can rerun the study with that stricter definition.
2. No risk-control overlays (stop-loss, take-profit, etc.) were applied; results measure raw price drift.
3. Price data use daily closes and include reinvested dividends.

Let me know if you’d like to:
• change the event definition (e.g., use EPS-surprise %, revenue beats, etc.),
• adjust the look-back/forward windows, or
• add risk-management rules to turn this into a tradable strategy.