← fcf_turn_negative (all companies) · NPKI (all signals) · all methodology
fcf_turn_negative on NPK International Inc. (NPKI)
SIC 7350 — Services-Miscellaneous Equipment Rental & Leasing · CIK 71829 · default direction: short
Definition
Fires when previously-positive operating cash flow turns negative — the cash equivalent of profit_to_loss, usually more leading.
Every time the signal fired on NPKI
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2024 | 2025-02-28 | 2025-02-28 | -6.23% | -5.74% | -3.77% | +35.08% | +124.43% |
| FY2021 | 2022-02-25 | 2022-02-25 | +3.57% | +4.40% | +8.79% | +21.15% | +21.70% |
| FY2016 | 2017-02-24 | 2017-02-24 | +5.33% | +0.00% | +1.33% | +7.33% | +15.33% |
| FY2014 | 2015-02-27 | 2015-02-27 | -0.84% | -2.53% | +0.32% | -6.76% | -60.61% |
| FY2011 | 2012-02-29 | 2012-02-29 | -0.38% | -4.70% | +3.94% | -25.54% | +11.18% |
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 | 2,337 | -0.05% | +42.62% | short | -0.14% | 35 | -0.02 |
| 5d | 2,337 | +0.06% | +41.98% | short | +0.31% | 36 | +0.02 |
| 20d | 2,312 | -0.77% | +42.08% | short | +1.36% | 40 | +0.08 |
| 60d | 2,192 | +1.98% | +47.45% | short | -1.61% | 51 | -0.05 |
| 252d | 2,148 | +15.62% | +50.33% | short | -16.85% | 103 | -0.17 |
Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See fcf_turn_negative methodology for the full audit.