← beneish_m_score_high (all companies) · CLFD (all signals) · all methodology
beneish_m_score_high on Clearfield, Inc. (CLFD)
SIC 3661 — Telephone & Telegraph Apparatus · CIK 796505 · 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 CLFD
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2022-11-23 | 2022-11-23 | +1.02% | -2.79% | -26.24% | -52.65% | -80.07% |
| FY2021 | 2021-11-10 | 2021-11-10 | +3.50% | +4.77% | +1.21% | -8.48% | +36.53% |
| FY2018 | 2018-11-14 | 2018-11-14 | +2.22% | +0.90% | -11.26% | +9.94% | +1.97% |
| FY2013 | 2013-11-21 | 2013-11-21 | +0.52% | +2.12% | +6.20% | +48.62% | -24.97% |
| FY2012 | 2012-12-04 | 2012-12-04 | -0.43% | +0.43% | +3.42% | +24.79% | +289.74% |
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.