The backtest results show that PNW has an average dividend recovery duration of 0.78 days with an 82% probability of recovery within 15 days after the ex-dividend date. This indicates a strong and rapid price rebound following dividend payouts. The high recovery probability suggests that the market quickly adjusts to the dividend event, minimizing prolonged price declines. Investors can consider this pattern as a signal that PNW tends to recover swiftly post-dividend, which may support short-term trading strategies around ex-dividend dates.

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Backtest PNW Ex-Dividend

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