The backtest results show that PAYX stock recovers from its ex-dividend price drop on average within 1.55 days, with a 92% probability of full recovery within 15 days after the dividend event. This indicates a strong and rapid price rebound following dividend payouts, reflecting market confidence and efficient price adjustment. Investors can consider that PAYX typically experiences a brief dip but quickly regains value, suggesting potential short-term trading opportunities around ex-dividend dates.

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Backtest PAYX Ex-Dividend

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