← dso_drift_severe (all companies) · OESX (all signals) · all methodology
dso_drift_severe on ORION ENERGY SYSTEMS, INC. (OESX)
SIC 3640 — Electric Lighting & Wiring Equipment · CIK 1409375 · 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 OESX
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2023 | 2024-06-12 | 2024-06-12 | +8.49% | +39.62% | +0.94% | -17.92% | -46.23% |
| FY2021 | 2022-06-10 | 2022-06-10 | -7.34% | -3.21% | -10.09% | -20.64% | -20.64% |
| FY2019 | 2020-06-05 | 2020-06-05 | +1.93% | -14.98% | -9.42% | +54.11% | +44.69% |
| FY2015 | 2016-06-23 | 2016-06-23 | -4.17% | -3.33% | +20.83% | +12.50% | +6.67% |
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 | 2,382 | +0.25% | +44.16% | short | -0.49% | 35 | -0.04 |
| 5d | 2,381 | -0.30% | +44.18% | short | +0.11% | 36 | +0.01 |
| 20d | 2,351 | +2.47% | +43.26% | short | -2.54% | 40 | -0.02 |
| 60d | 2,258 | +16.34% | +45.44% | short | -11.34% | 51 | -0.06 |
| 252d | 2,213 | +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.