← beneish_m_score_high (all companies) · PAYS (all signals) · all methodology
beneish_m_score_high on Paysign, Inc. (PAYS)
SIC 7389 — Services-Business Services, NEC · CIK 1496443 · 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 PAYS
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2023 | 2024-03-27 | 2024-03-27 | -8.50% | +13.25% | +9.50% | -3.00% | -47.00% |
| FY2021 | 2022-03-23 | 2022-03-23 | -10.28% | -6.54% | -15.89% | -30.84% | +78.04% |
| FY2019 | 2020-04-03 | 2020-04-03 | +13.75% | +46.56% | +72.28% | +115.30% | -2.88% |
| FY2016 | 2017-03-27 | 2017-03-27 | +0.00% | -6.67% | -4.44% | -4.44% | +155.56% |
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.