← beneish_m_score_high (all companies) · REX (all signals) · all methodology
beneish_m_score_high on REX AMERICAN RESOURCES Corp (REX)
SIC 2860 — Industrial Organic Chemicals · CIK 744187 · 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 REX
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2023 | 2024-03-29 | 2024-04-01 | +1.68% | -0.85% | -2.90% | -23.88% | -34.97% |
| FY2021 | 2022-04-06 | 2022-04-06 | -3.79% | +0.61% | -8.36% | -10.50% | -6.26% |
| FY2020 | 2021-04-12 | 2021-04-12 | -0.59% | -1.92% | -9.16% | -4.88% | +1.66% |
| FY2018 | 2019-03-29 | 2019-03-29 | +1.46% | +3.51% | +6.85% | -15.66% | -42.41% |
| FY2016 | 2017-03-27 | 2017-03-27 | +1.25% | +5.71% | +9.55% | +7.97% | -16.39% |
| FY2013 | 2014-04-09 | 2014-04-09 | +0.48% | +3.24% | +3.21% | +33.89% | +5.56% |
| FY2012 | 2013-04-09 | 2013-04-09 | +1.67% | -4.76% | +5.13% | +87.45% | +203.19% |
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.