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dso_drift_severe on NETSOL TECHNOLOGIES INC (NTWK)

SIC 7372 — Services-Prepackaged Software · CIK 1039280 · 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 NTWK

FYFiling dateEvent date1d5d20d60d252d
FY20232023-09-222023-09-22+2.86%+3.43%+6.86%+17.71%+60.57%
FY20222022-09-272022-09-27+4.92%+0.98%+2.95%-0.98%-37.38%
FY20182018-09-262018-09-26-0.75%+9.62%+22.86%-18.80%-19.10%

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/1039280/financials