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 46.2%, Sample 26, Median -0.56%, Excess +0.59%, Beat mkt rate 50%
60-day: Win 52%, Sample 25, Median +1.48%, Excess +1.22%, Beat mkt rate 48%
120-day: Win 66.7%, Sample 24, Median +9%, Excess +6.08%, Beat mkt rate 50%
120 days after: historical avg +11.65%
Over 24 occurrences, 120-day forward avg gained 11.65%, beat the market by 6.08 pts; win rate 66.7%.