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 consistency across 11 dividend events suggests a reliable pattern of recovery. Investors can consider this behavior as a positive signal for short-term trading strategies around PNW's ex-dividend dates, potentially capitalizing on the quick price normalization post-dividend.

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Backtest PNW Ex-Dividend

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