How did FTRE's Q1 2024 earnings surprise impact short-term trading strategies?
4/13/2025 03:37pm
FTRE's Q1 2024 earnings surprise had a negative impact on short-term trading strategies, with the 3-day win rate being 0.00% and the 10-day win rate being 0.00%, indicating that the stock price declined in the immediate aftermath of the earnings release. However, the 30-day win rate was 100.00%, suggesting that long-term investors may have benefited from the subsequent recovery in the stock price, which reached a maximum return of 17.93% by the end of the backtested period.