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beneish_m_score_high on EBAY INC (EBAY)

SIC 7389 — Services-Business Services, NEC · CIK 1065088 · 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 EBAY

FYFiling dateEvent date1d5d20d60d252d
FY20212022-02-242022-02-24-1.52%-1.84%+3.66%-19.74%-15.83%
FY20202021-02-042021-02-04+1.82%+1.95%-11.76%-4.56%-5.39%
FY20162017-02-062017-02-06+1.25%+5.49%+4.50%+3.84%+33.59%
FY20112012-01-312012-01-31+1.90%+4.02%+13.10%+29.91%+81.04%

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/1065088/financials