How did DCO's Q3 2024 earnings surprise impact short-term trading?
4/4/2025 03:12pm
DCO's Q3 2024 earnings surprise had a mixed impact on short-term trading. While the 3-Day win rate was 42.86% and the 10-Day win rate was 42.86%, indicating some positive short-term performance, the 30-Day win rate was higher at 50.00%. This suggests that while there was some volatility in the immediate aftermath of the earnings release, longer-term investors may have seen better returns. The maximum return observed following the earnings release was 8.94%, which occurred on day 79 after the release, indicating that while there was potential for gains, they were not immediate.