Holding period impacts the return of your trades.

ARWR price moves up 1% or more for 29% of trading days (or every 3 days).
ARWR price moves up 2% or more for 15% of trading days (or every 7 days).
ARWR price moves up 3% or more for 10% of trading days (or every 10 days).
ARWR price moves up 5% or more for 3% of trading days (or every 31 days).
ARWR price moves up 10% or more for 1% of trading days (or every 124 days).

ARWR price moves up 1% or more for 31% of trading days (or evry 3 days) if holding the trade for 3 days.
ARWR price moves up 2% or more for 25% of trading days (or evry 4 days) if holding the trade for 3 days.
ARWR price moves up 3% or more for 16% of trading days (or every 6 days) if holding the trade for 3 days.
ARWR price moves up 5% or more for 7% of trading days (or every 14 days) if holding the trade for 3 days.
ARWR price moves up 10% or more for 2% of trading days (or every 41 days) if holding the trade for 3 days.

ARWR price moves up 1% or more for 33% of trading days (or every 3 days) if holding the trade for 5 days.
ARWR price moves up 2% or more for 21% of trading days (or every 5 days) if holding the trade for 5 days.
ARWR price moves up 3% or more for 19% of trading days (or every 5 days) if holding the trade for 5 days.
ARWR price moves up 5% or more for 13% of trading days (or every 8 days) if holding the trade for 5 days.
ARWR price moves up 10% or more for 6% of trading days (or every 16 days) if holding the trade for 5 days.

ARWR price moves up 1% or more for 22% of trading days (or every 5 days) if holding the trade for 22 days.
ARWR price moves up 3% or more for 19% of trading days (or every 5 days) if holding the trade for 22 days.
ARWR price moves up 3% or more for 19% of trading days (or every 5 days) if holding the trade for 22 days.
ARWR price moves up 5% or more for 15% of trading days (or every 7 days) if holding the trade for 22 days.
ARWR price moves up 10% or more for 12% of trading days (or every 8 days) if holding the trade for 22 days.