← beneish_m_score_high (all companies) · AVNT (all signals) · all methodology
beneish_m_score_high on AVIENT CORP (AVNT)
SIC 2821 — Plastic Materials, Synth Resins & Nonvulcan Elastomers · CIK 1122976 · 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 AVNT
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-02-22 | 2023-02-22 | +0.19% | +4.48% | -8.62% | -5.36% | -4.23% |
| FY2020 | 2021-02-25 | 2021-02-25 | -0.53% | +4.00% | +10.96% | +19.31% | +17.84% |
| FY2013 | 2014-02-13 | 2014-02-13 | +0.17% | +0.64% | +1.94% | +9.15% | +12.31% |
| FY2011 | 2012-02-17 | 2012-02-17 | -3.24% | -5.74% | -7.29% | -7.83% | +48.43% |
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 | 2,937 | +0.04% | +45.86% | short | -0.28% | 32 | -0.04 |
| 5d | 2,937 | +0.10% | +45.83% | short | +0.06% | 33 | +0.01 |
| 20d | 2,915 | +2.64% | +44.43% | short | -2.76% | 37 | -0.02 |
| 60d | 2,798 | +11.23% | +46.71% | short | -11.63% | 47 | -0.03 |
| 252d | 2,745 | +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.