The backtest results show that ELV recovers its dividend almost immediately, with an average recovery duration of 0.09 days and a 100% probability of recovery within 15 days across 11 dividend events. This indicates a highly consistent and rapid price adjustment following the ex-dividend date. Such a pattern suggests that investors can expect swift dividend recovery in ELV, minimizing the risk of prolonged price drops post-dividend. Consequently, dividend-focused investors might consider ELV a reliable candidate for capturing dividend payouts without significant downside exposure.

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Backtest ELV Ex-Dividend

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