How did TAL's Q4 2024 earnings surprise impact short-term trading?

TAL's Q4 2024 earnings surprise had a mixed impact on short-term trading. While the 3-day win rate was high at 62.50%, indicating a higher probability of a positive return in the immediate aftermath of the earnings release, the 10-day and 30-day win rates were lower at 37.50% and 37.50%, respectively. This suggests that while there was some short-term momentum following the earnings beat expectations, it did not consistently translate into continued gains over longer time frames. The maximum return observed following the earnings release was 7.06%, which occurred on day 47 after the earnings release, indicating that significant gains were possible but were not always realized in the immediate aftermath of the earnings event.