How did NTR's Q1 2024 earnings surprise impact short-term trading?
4/9/2025 05:10pm
NTR's Q1 2024 earnings surprise had a mixed impact on short-term trading. While the 10-Day win rate was high at 66.67%, indicating potential for gains in the medium term, the 3-Day win rate was lower at 50.00%, suggesting some volatility in the immediate aftermath of the earnings release. The 3-Day return was -0.18%, indicating that the stock experienced some short-term declines immediately following the earnings release. However, the 10-Day return was positive at 5.40%, and the maximum return during the backtested period was 9.85%, which occurred on day 42 after the earnings release. This suggests that while there was some short-term volatility, investors who held their position for longer saw positive returns.