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 33.3%, Sample 18, Median -3.92%, Excess -4.48%, Beat mkt rate 27.8%
60-day: Win 27.8%, Sample 18, Median -6.79%, Excess -7.78%, Beat mkt rate 22.2%
120-day: Win 17.6%, Sample 17, Median -8.69%, Excess -11.72%, Beat mkt rate 23.5%
120 days after: historical avg -7.57%
Over 17 occurrences, 120-day forward avg declined 7.57%, lagged the market by 11.72 pts; win rate 17.6%.