52-week adjusted-price high
ActiveAdjusted close first reaches a 252-trading-day high; repeated hits within 20 days count once.
Average forward return after 52-week adjusted-price high
20-day: Win 25%, Sample 20, Median -2.1%, Excess -3.2%, Beat mkt rate 25%
60-day: Win 36.8%, Sample 19, Median -8.1%, Excess -3.5%, Beat mkt rate 36.8%
120-day: Win 55.6%, Sample 18, Median +0.7%, Excess -3.86%, Beat mkt rate 44.4%
120 days after: historical avg +0.09%
Over 18 occurrences, 120-day forward avg gained 0.09%, lagged the market by 3.86 pts; win rate 55.6%.