52-week adjusted-price high
Active Adjusted close first reaches a 252-trading-day high; repeated hits within 20 days count once.
26 historical occurrences (since 2017-01-04)
Average forward return after 52-week adjusted-price high。20-day: Win 36%, Sample 25, Median -0.73%, Excess -1.38%, Beat mkt rate 32%;60-day: Win 36%, Sample 25, Median -1.37%, Excess -2.75%, Beat mkt rate 24%;120-day: Win 37.5%, Sample 24, Median -1.73%, Excess -4.47%, Beat mkt rate 29.2%
Stock avg forward return Market (same period)
120 days after: historical avg +0.14%
20-day
60-day
120-day
Win
36%
36%
37.5%
Sample
25
25
24
Median
-0.73%
-1.37%
-1.73%
Excess
-1.38%
-2.75%
-4.47%
Beat mkt rate
32%
24%
29.2%
Over 24 occurrences, 120-day forward avg gained 0.14%, lagged the market by 4.47 pts; win rate 37.5%.