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beneish_m_score_high on Mastech Digital, Inc. (MHH)

SIC 8742 — Services-Management Consulting Services · CIK 1437226 · 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 MHH

FYFiling dateEvent date1d5d20d60d252d
FY20212022-03-142022-03-14-0.65%+0.71%+7.45%-6.86%-35.80%
FY20182019-03-292019-03-29-5.36%-2.60%-2.60%-22.56%+96.92%
FY20172018-03-232018-03-23-14.52%-16.06%-14.38%+9.96%-11.64%
FY20152016-03-252016-03-28-0.28%-0.28%+6.91%-11.46%-6.22%
FY20122013-03-222013-03-22-1.59%+0.00%-7.51%-12.40%+103.83%
FY20112012-03-232012-03-23+3.94%+17.26%+10.32%+8.82%+118.28%

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/1437226/financials