The backtest results reveal that APH typically recovers from the ex-dividend price drop within an average of 1.54 days, with a 93% probability of recovery within 15 days across 14 dividend events. This indicates a strong and consistent pattern of price rebound following dividend payments, reflecting market efficiency in pricing and investor confidence. For investors, this suggests that holding APH shares through the ex-dividend period is generally advantageous, as price declines are short-lived and recovery is highly probable within a few days post-dividend.

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Backtest APH Ex-Dividend

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