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 52.2%, Sample 23, Median +0.36%, Excess -2.55%, Beat mkt rate 39.1%
60-day: Win 54.5%, Sample 22, Median +2.43%, Excess -3.26%, Beat mkt rate 40.9%
120-day: Win 63.6%, Sample 22, Median +4.64%, Excess -1.7%, Beat mkt rate 40.9%
120 days after: historical avg +5.69%
Over 22 occurrences, 120-day forward avg gained 5.69%, lagged the market by 1.7 pts; win rate 63.6%.