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beneish_m_score_high on Arista Networks, Inc. (ANET)

SIC 3576 — Computer Communications Equipment · CIK 1596532 · default direction: short

Definition

Beneish 5-factor M-Score above the manipulator threshold (-1.78). Composite of DSO, gross margin, asset quality, sales growth, depreciation.

Every time the signal fired on ANET

FYFiling dateEvent date1d5d20d60d252d
FY20252026-02-172026-02-17-2.13%-9.69%-6.67%
FY20222023-02-142023-02-14+0.05%-4.42%+8.72%-1.73%+88.39%
FY20192020-02-142020-02-14+1.04%-4.35%-29.73%-1.06%+42.60%
FY20182019-02-152019-02-15+2.13%+5.82%+13.35%-5.71%-14.46%
FY20162017-02-172017-02-17+2.99%+1.12%+9.47%+23.85%+109.68%
FY20142015-05-152015-05-15+3.53%+5.27%+27.24%+21.55%+3.96%

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)

Horizonn eventsGross stock retHit rateTrade dirNet PnLCost (bps)r/σ net
1d2,937+0.04%+45.86%short-0.28%32-0.04
5d2,937+0.10%+45.83%short+0.06%33+0.01
20d2,915+2.64%+44.43%short-2.76%37-0.02
60d2,798+11.23%+46.71%short-11.63%47-0.03
252d2,745+47.23%+50.93%short-48.06%96-0.04

Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See beneish_m_score_high methodology for the full audit.


Data: /api/company/1596532/financials