Backtest
The backtest results reveal that BK shows strong positive returns following earnings beats, with an 80% win rate at 10 and 30 days and a 5.31% average return at 30 days. Conversely, BK experiences weak short-term performance after earnings misses, with negative returns and only a 66.67% win rate at 30 days. The Capital Markets Industry shows minimal reaction to earnings beats but demonstrates a positive rebound with a 3.51% return about two months after earnings misses. These insights suggest a medium-term holding strategy for BK after beats and cautious optimism for the industry post-misses.
