← beneish_m_score_high (all companies) · AVT (all signals) · all methodology
beneish_m_score_high on AVNET INC (AVT)
SIC 5065 — Wholesale-Electronic Parts & Equipment, NEC · CIK 8858 · 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 AVT
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2023 | 2023-08-18 | 2023-08-18 | +0.72% | +1.92% | -0.99% | -4.54% | +14.69% |
| FY2022 | 2022-08-12 | 2022-08-12 | +0.49% | +1.19% | -3.89% | -4.81% | +5.26% |
| FY2017 | 2017-08-17 | 2017-08-17 | -2.34% | +0.38% | +5.79% | +7.97% | +31.65% |
| FY2011 | 2011-09-09 | 2011-09-09 | +1.05% | +12.43% | +13.88% | +25.39% | +30.34% |
| FY2010 | 2010-08-13 | 2010-08-13 | +0.55% | +1.55% | +7.44% | +30.42% | +16.47% |
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.