← beneish_m_score_high (all companies) · SWBI (all signals) · all methodology
beneish_m_score_high on SMITH & WESSON BRANDS, INC. (SWBI)
SIC 3480 — Ordnance & Accessories, (No Vehicles/Guided Missiles) · CIK 1092796 · 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 SWBI
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2023 | 2023-06-22 | 2023-06-22 | +20.20% | +17.44% | +14.83% | +4.41% | +34.97% |
| FY2022 | 2022-06-23 | 2022-06-23 | +14.48% | -8.57% | -4.68% | -21.66% | -5.29% |
| FY2019 | 2019-06-19 | 2019-06-19 | +3.28% | -10.18% | +3.94% | -26.59% | +104.81% |
| FY2017 | 2017-06-29 | 2017-06-29 | -7.44% | -10.23% | -14.58% | -36.01% | -49.75% |
| FY2015 | 2015-06-22 | 2015-06-22 | +0.00% | -1.73% | -2.50% | +11.69% | +47.64% |
| FY2014 | 2014-06-19 | 2014-06-19 | -8.71% | -14.00% | -20.00% | -39.59% | -4.82% |
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.