The backtest results show that CL stock recovers from price drops caused by ex-dividend events exceptionally fast, with an average recovery duration of just 0.33 days and a full recovery probability of 100% within 15 days. This indicates a highly consistent dividend recovery pattern, reflecting strong market confidence and efficient price adjustments around dividend dates. Investors can interpret this as a signal that CL's ex-dividend price effects are short-lived, making it a potentially attractive stock for dividend-focused strategies with minimal downside risk during ex-dividend periods.

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Backtest CL Ex-Dividend

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