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accruals_quality_low on Algorhythm Holdings, Inc. (RIME)
SIC 7373 — Services-Computer Integrated Systems Design · CIK 923601 · default direction: short
Definition
Fires when total accruals exceed 10% of total assets while net income is positive. Captures 'earnings of low cash quality' (Sloan accruals).
Every time the signal fired on RIME
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2021 | 2022-07-14 | 2022-07-14 | -4.29% | -12.76% | -10.23% | -37.40% | -82.95% |
| FY2015 | 2016-06-29 | 2016-06-29 | +0.00% | +0.00% | +15.62% | +31.25% | +71.88% |
| FY2013 | 2014-06-30 | 2014-06-30 | -11.76% | -35.29% | -29.41% | +11.76% | +5.88% |
| FY2012 | 2013-06-28 | 2013-06-28 | +0.00% | +13.64% | +27.27% | +4.55% | -22.73% |
Forward returns are stock returns from event date (next trading day after filing). Sign is raw stock direction; the trade direction is in the calibration table below.
Universe-wide calibration (this signal across all companies)
| Horizon | n events | Gross stock ret | Hit rate | Trade dir | Net PnL | Cost (bps) | r/σ net |
|---|---|---|---|---|---|---|---|
| 1d | 858 | -0.20% | +45.45% | short | -0.29% | 33 | -0.04 |
| 5d | 857 | +1.15% | +46.67% | short | -0.47% | 34 | -0.04 |
| 20d | 848 | +0.26% | +46.93% | short | +0.13% | 38 | +0.01 |
| 60d | 798 | +9.36% | +45.49% | short | -9.54% | 49 | -0.05 |
| 252d | 774 | +22.52% | +48.71% | short | -22.54% | 99 | -0.11 |
Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See accruals_quality_low methodology for the full audit.