← beneish_m_score_high (all companies) · AXGN (all signals) · all methodology
beneish_m_score_high on Axogen, Inc. (AXGN)
SIC 3845 — Electromedical & Electrotherapeutic Apparatus · CIK 805928 · 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 AXGN
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-03-14 | 2023-03-14 | -0.36% | +5.69% | +19.81% | +13.64% | -7.95% |
| FY2020 | 2021-03-01 | 2021-03-01 | -0.44% | -14.12% | -16.15% | -9.03% | -58.67% |
| FY2019 | 2020-02-24 | 2020-02-24 | -16.99% | -18.63% | -40.34% | -44.93% | +46.58% |
| FY2014 | 2015-03-05 | 2015-03-05 | -3.56% | -4.15% | -4.45% | -8.31% | +51.63% |
| FY2013 | 2014-03-06 | 2014-03-06 | -7.59% | -18.23% | -25.32% | -41.27% | -17.72% |
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.