Backtest
The backtest results show that ABVX experienced poor short-term performance following earnings beats, with 0% win rates at 3 and 10 days and negative returns of -12.07% and -21.09%, respectively. However, the 30-day win rate improves to 50%, and the 30-day return is nearly flat at -1.23%, indicating some recovery over a longer horizon. This suggests that while immediate reactions to earnings beats were negative, the stock may stabilize or recover in the medium term. Investors should be cautious about short-term trades post-earnings beat and consider longer holding periods for potential gains.