The backtest results show that COP recovers quickly after its ex-dividend date, with an average recovery duration of only 0.33 days and an 88% probability of recovery within 15 days following the dividend event.

This indicates a strong and consistent rebound pattern post-dividend, suggesting that the stock price is not significantly depressed by the dividend payout and recovers swiftly.

For investors, this pattern highlights the potential for short-term opportunities to capitalize on the rapid price normalization after COP's ex-dividend dates.

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Backtest COP Ex-Dividend

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