← fcf_turn_negative (all companies) · RSSS (all signals) · all methodology

fcf_turn_negative on Research Solutions, Inc. (RSSS)

SIC 7389 — Services-Business Services, NEC · CIK 1386301 · 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 RSSS

FYFiling dateEvent date1d5d20d60d252d
FY20222022-09-232022-09-23-0.54%+9.68%+9.68%+3.23%+26.34%
FY20172017-09-182017-09-18+1.94%+5.83%+15.53%+18.45%+99.03%
FY20152015-09-082015-09-08-5.00%-2.00%+0.00%-30.00%+8.00%
FY20132013-09-302013-09-30-8.05%-10.92%+2.87%+5.75%-60.92%

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
1d2,337-0.05%+42.62%short-0.14%35-0.02
5d2,337+0.06%+41.98%short+0.31%36+0.02
20d2,312-0.77%+42.08%short+1.36%40+0.08
60d2,192+1.98%+47.45%short-1.61%51-0.05
252d2,148+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.


Data: /api/company/1386301/financials