← fcf_ni_divergence (all companies) · RIME (all signals) · all methodology
fcf_ni_divergence on Algorhythm Holdings, Inc. (RIME)
SIC 7373 — Services-Computer Integrated Systems Design · CIK 923601 · default direction: short
Definition
Fires when free cash flow diverges substantially from net income — either NI >> FCF (low-quality earnings) or FCF >> NI (under-reported earnings).
Every time the signal fired on RIME
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-07-14 | 2023-07-14 | -3.12% | +12.50% | +8.13% | -40.62% | -47.50% |
| FY2018 | 2019-07-01 | 2019-07-01 | +3.57% | +21.43% | +3.57% | -10.71% | -50.00% |
| FY2015 | 2016-06-29 | 2016-06-29 | +0.00% | +0.00% | +15.62% | +31.25% | +71.88% |
| FY2012 | 2013-06-28 | 2013-06-28 | +0.00% | +13.64% | +27.27% | +4.55% | -22.73% |
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 | 1,361 | +0.07% | +48.05% | short | -0.35% | 30 | -0.06 |
| 5d | 1,361 | +0.65% | +47.54% | short | -0.22% | 31 | -0.02 |
| 20d | 1,357 | +0.02% | +46.20% | short | +0.27% | 34 | +0.02 |
| 60d | 1,270 | +2.92% | +51.18% | short | -3.03% | 45 | -0.11 |
| 252d | 1,256 | +13.28% | +52.79% | short | -13.55% | 92 | -0.21 |
Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See fcf_ni_divergence methodology for the full audit.