← beneish_m_score_high (all companies) · NLST (all signals) · all methodology
beneish_m_score_high on NETLIST INC (NLST)
SIC 3674 — Semiconductors & Related Devices · CIK 1282631 · 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 NLST
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-02-28 | 2023-02-28 | +0.44% | +35.56% | +55.56% | +104.89% | -28.89% |
| FY2021 | 2022-03-01 | 2022-03-01 | +1.65% | -9.01% | -0.74% | -22.61% | -47.43% |
| FY2019 | 2020-03-10 | 2020-03-10 | -7.14% | -17.86% | +21.43% | -28.57% | +571.43% |
| FY2017 | 2018-03-30 | 2018-04-02 | -4.35% | +0.00% | -30.43% | -26.09% | +95.65% |
| FY2016 | 2017-03-31 | 2017-03-31 | +0.00% | -4.04% | +25.25% | +3.03% | -77.78% |
| FY2013 | 2014-03-18 | 2014-03-18 | +4.10% | +2.05% | -20.51% | -44.10% | -31.79% |
| FY2011 | 2012-02-28 | 2012-02-28 | -7.20% | -4.00% | -6.13% | -34.93% | -80.53% |
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.