How did GIC's Q1 2024 EPS surprise impact short-term trading?
4/8/2025 07:29pm
GIC's Q1 2024 EPS surprise had a positive impact on short-term trading, as evidenced by the backtest results. The 3-day win rate was 77.78%, the 10-day win rate was 77.78%, and the 30-day win rate was 44.44%, indicating that the stock tended to perform well in the immediate aftermath of the earnings beat expectations. The maximum return observed was 13.88% over 30 days, suggesting that there was potential for significant gains in the short term following the earnings surprise.