Prueba retrospectiva
The backtest results for MTB following earnings beats show mixed performance, with a 50% win rate over 3 days, dropping to 16.67% at 10 days, and recovering to 66.67% at 30 days. Returns were negative in the short and medium term, with a slight recovery by day 30 and a maximum return of 1.51% occurring on day 27. This suggests that immediate post-earnings gains are limited and volatile.
The analysis indicates that MTB's stock price reaction to earnings beats is inconsistent and may involve short-term declines before potential longer-term gains.
Investors should consider a cautious approach, possibly holding through volatility to capture delayed positive returns after MTB earnings beats.
