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dso_drift_severe on AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)

SIC 3621 — Motors & Generators · CIK 880807 · default direction: short

Definition

Fires on Days Sales Outstanding rising >25% YoY while revenue grows <10%. Channel-stuffing / receivables-quality precursor.

Every time the signal fired on AMSC

FYFiling dateEvent date1d5d20d60d252d
FY20232024-05-292024-05-29+10.45%+41.55%+53.70%+34.77%+82.52%
FY20182019-06-052019-06-05-17.56%-14.48%-4.07%-22.92%-18.45%
FY20152016-05-312016-05-31-5.22%-14.33%-14.64%-27.43%-57.83%
FY20122013-06-142013-06-14-2.13%-3.40%+14.04%+9.79%-31.49%

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
1d2,382+0.25%+44.16%short-0.49%35-0.04
5d2,381-0.30%+44.18%short+0.11%36+0.01
20d2,351+2.47%+43.26%short-2.54%40-0.02
60d2,258+16.34%+45.44%short-11.34%51-0.06
252d2,213+32.55%+49.30%short-24.65%102-0.10

Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See dso_drift_severe methodology for the full audit.


Data: /api/company/880807/financials