Hello. Is price effect effectively the same as actual earnings move?
Price effect
Max move
Avg Price effect
Avg Max move
Price effect: last previous cycle stock close after earning/ stock close before earning
Max move: last previous cycle stock high or low after earning/ stock close before earning
Price effect: average abs(stock close after earning/ stock close before earning)
Max move: average abs(stock high or low after earning/ stock close before earning)