← fcf_turn_positive (all companies) · COHN (all signals) · all methodology
fcf_turn_positive on Cohen & Co Inc. (COHN)
SIC 6211 — Security Brokers, Dealers & Flotation Companies · CIK 1270436 · default direction: long
Definition
Fires on the fiscal year a company first generates positive operating cash flow after a stretch of negative or zero. Inflection from cash-burning to self-funding.
Every time the signal fired on COHN
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2024 | 2025-03-12 | 2025-03-12 | -4.27% | -2.85% | -14.70% | +1.19% | +137.38% |
| FY2020 | 2021-03-05 | 2021-03-05 | -3.53% | -3.53% | -2.08% | -14.78% | -50.54% |
| FY2014 | 2015-03-09 | 2015-03-09 | -1.84% | -1.84% | -6.19% | -8.07% | -48.14% |
| FY2012 | 2013-03-07 | 2013-03-07 | -7.26% | -12.18% | -9.74% | -17.49% | -7.23% |
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 | 2,430 | +0.08% | +47.28% | long | -0.29% | 33 | -0.04 |
| 5d | 2,430 | +2.37% | +47.20% | long | +1.72% | 33 | +0.02 |
| 20d | 2,411 | +2.47% | +46.95% | long | +1.81% | 32 | +0.02 |
| 60d | 2,273 | +4.84% | +48.26% | long | +4.48% | 33 | +0.06 |
| 252d | 2,226 | +19.57% | +53.05% | long | +19.70% | 33 | +0.16 |
Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See fcf_turn_positive methodology for the full audit.