← beneish_m_score_high (all companies) · JSDA (all signals) · all methodology
beneish_m_score_high on JONES SODA CO. (JSDA)
SIC 2080 — Beverages · CIK 1083522 · 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 JSDA
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-03-31 | 2026-03-31 | -12.91% | -10.60% | — | — | — |
| FY2021 | 2022-03-14 | 2022-03-14 | -8.94% | -12.20% | -34.15% | -54.47% | -62.60% |
| FY2020 | 2021-03-24 | 2021-03-24 | -6.52% | +8.48% | +32.61% | +6.52% | +17.39% |
| FY2018 | 2019-03-22 | 2019-03-22 | -4.08% | +53.06% | +48.78% | +9.80% | -62.24% |
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.