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 47.6%, Sample 21, Median -0.05%, Excess +1.99%, Beat mkt rate 52.4%
60-day: Win 47.6%, Sample 21, Median -2.39%, Excess -2.65%, Beat mkt rate 42.9%
120-day: Win 42.9%, Sample 21, Median -3.24%, Excess -4.38%, Beat mkt rate 28.6%
120 days after: historical avg -0.84%
Over 21 occurrences, 120-day forward avg declined 0.84%, lagged the market by 4.38 pts; win rate 42.9%.