← beneish_m_score_high (all companies) · ISSC (all signals) · all methodology
beneish_m_score_high on INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC)
SIC 7371 — Services-Computer Programming Services · CIK 836690 · 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 ISSC
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2025-12-23 | 2025-12-23 | +3.12% | +0.05% | +14.32% | +58.27% | — |
| FY2024 | 2024-12-30 | 2024-12-30 | -0.12% | -0.35% | +29.82% | -23.98% | +119.30% |
| FY2023 | 2024-01-12 | 2024-01-12 | -0.73% | -0.61% | -1.59% | -18.32% | +9.16% |
| FY2021 | 2021-12-22 | 2021-12-22 | +0.78% | +2.50% | +1.09% | +30.00% | +30.17% |
| FY2020 | 2020-12-22 | 2020-12-22 | -0.61% | -1.22% | -3.50% | -3.50% | -2.59% |
| FY2018 | 2018-12-21 | 2018-12-21 | +5.66% | +6.60% | +2.36% | +41.98% | +176.42% |
| FY2015 | 2016-01-14 | 2016-01-14 | -2.15% | -7.17% | -5.02% | -6.45% | +38.35% |
| FY2012 | 2012-12-14 | 2012-12-14 | -2.13% | +2.34% | +12.65% | +45.92% | +112.16% |
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.