← beneish_m_score_high (all companies) · GIII (all signals) · all methodology
beneish_m_score_high on G III APPAREL GROUP LTD /DE/ (GIII)
SIC 2300 — Apparel & Other Finishd Prods of Fabrics & Similar Matl · CIK 821002 · 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 GIII
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2019 | 2020-03-30 | 2020-03-30 | +6.21% | +2.48% | +53.10% | +80.69% | +312.69% |
| FY2017 | 2018-04-02 | 2018-04-02 | +3.29% | +7.44% | +1.64% | +29.72% | +11.56% |
| FY2013 | 2014-03-31 | 2014-03-31 | +4.51% | -0.43% | +1.41% | +14.70% | +57.38% |
| FY2012 | 2013-04-12 | 2013-04-12 | -4.06% | -5.16% | +7.09% | +25.96% | +82.85% |
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.