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beneish_m_score_high on COLUMBIA SPORTSWEAR CO (COLM)

SIC 2300 — Apparel & Other Finishd Prods of Fabrics & Similar Matl · CIK 1050797 · 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 COLM

FYFiling dateEvent date1d5d20d60d252d
FY20222023-02-232023-02-23+0.05%+1.63%-1.83%-13.22%-6.39%
FY20192020-02-272020-02-27-2.86%-4.96%-15.48%-17.02%+23.56%
FY20152016-02-252016-02-25-2.30%-0.88%-1.24%-11.66%-6.71%
FY20142015-02-262015-02-26-0.23%+1.75%+5.83%+1.16%+6.61%

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)

Horizonn eventsGross stock retHit rateTrade dirNet PnLCost (bps)r/σ net
1d2,937+0.04%+45.86%short-0.28%32-0.04
5d2,937+0.10%+45.83%short+0.06%33+0.01
20d2,915+2.64%+44.43%short-2.76%37-0.02
60d2,798+11.23%+46.71%short-11.63%47-0.03
252d2,745+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.


Data: /api/company/1050797/financials