← dso_drift_severe (all companies) · NTRP (all signals) · all methodology

dso_drift_severe on NextTrip, Inc. (NTRP)

SIC 4700 — Transportation Services · CIK 788611 · 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 NTRP

FYFiling dateEvent date1d5d20d60d252d
FY20222023-03-302023-03-30-9.60%+0.68%-13.48%-27.51%-57.83%
FY20192020-03-242020-03-24+8.30%+4.15%-15.85%+1.89%+63.02%
FY20162017-03-312017-03-31+1.29%+6.11%-6.11%-28.94%-54.34%

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/788611/financials