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beneish_m_score_high on FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI)
SIC 2890 — Miscellaneous Chemical Products · CIK 1069394 · 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 FSI
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-03-31 | 2023-03-31 | +2.88% | +4.81% | -4.82% | -13.95% | -34.16% |
| FY2018 | 2019-05-17 | 2019-05-17 | +6.78% | +10.17% | +45.08% | +8.14% | -44.71% |
| FY2016 | 2017-03-31 | 2017-03-31 | -0.68% | +17.01% | +2.72% | +34.69% | -4.76% |
| FY2013 | 2014-03-31 | 2014-03-31 | -5.06% | -7.59% | -13.54% | +8.23% | +62.03% |
| FY2011 | 2012-03-29 | 2012-03-29 | -4.08% | -4.90% | -14.29% | -42.86% | -54.29% |
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.