← beneish_m_score_high (all companies) · CBAT (all signals) · all methodology
beneish_m_score_high on CBAK Energy Technology, Inc. (CBAT)
SIC 3690 — Miscellaneous Electrical Machinery, Equipment & Supplies · CIK 1117171 · 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 CBAT
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-04-14 | 2023-04-14 | +4.49% | -6.74% | -14.61% | +46.07% | +6.74% |
| FY2021 | 2022-04-15 | 2022-04-18 | +2.46% | -1.64% | -21.31% | -5.74% | -25.41% |
| FY2020 | 2021-04-13 | 2021-04-13 | +0.43% | -9.94% | -20.52% | -10.15% | -75.16% |
| FY2015 | 2016-01-13 | 2016-01-13 | -2.25% | -6.31% | -6.31% | +7.66% | -32.43% |
| FY2014 | 2015-01-13 | 2015-01-13 | -1.08% | -4.84% | +52.15% | +130.65% | +19.35% |
| FY2012 | 2012-12-31 | 2012-12-31 | +5.03% | +7.55% | +9.43% | -25.79% | +39.62% |
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.