Prueba retrospectiva
The backtest results reveal that CFG shows a strong positive price reaction over the long term after an earnings beat, with a 100% win rate and a 6.71% average return at 30 days, despite some short-term volatility. Conversely, an earnings miss leads to a short-term positive bounce but results in significant negative returns over 30 days, reaching -12.18%. This suggests that investors benefit from holding CFG longer after a beat but should be cautious and limit exposure after a miss. Industry-wide data for banks is inconclusive, limiting broader sector insights.
