TIGO's Q1 2024 EPS surprise had a mixed impact on short-term trading. While the 3-day win rate was 50%, indicating that half of the time the stock price increased in the three days following the earnings release, the 10-day win rate was 75%, suggesting a higher probability of positive returns in the ten days following the earnings release. However, the 30-day win rate was only 25%, and the stock price actually declined by 14.30% in the thirty days following the earnings release. The maximum return observed was 3.78%, which occurred on day 11 after the earnings release. Overall, while there was some potential for short-term gains, the volatility in the short term was notable, and there was no guarantee of positive returns.
4/10/2025 08:19am
