← fcf_turn_negative (all companies) · SAIA (all signals) · all methodology
fcf_turn_negative on SAIA INC (SAIA)
SIC 4213 — Trucking (No Local) · CIK 1177702 · 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 SAIA
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2024 | 2025-02-24 | 2025-02-24 | -2.36% | -7.14% | -9.24% | -33.96% | -8.57% |
| FY2019 | 2020-02-25 | 2020-02-25 | +1.74% | -5.64% | -24.48% | +12.36% | +124.10% |
| FY2017 | 2018-02-22 | 2018-02-22 | +1.09% | -2.94% | +2.32% | +4.71% | -6.33% |
| FY2013 | 2014-02-28 | 2014-02-28 | +0.20% | +15.63% | +6.25% | +29.10% | +32.60% |
| FY2011 | 2012-03-02 | 2012-03-02 | +1.64% | +2.89% | +7.05% | +36.31% | +103.15% |
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.