← fcf_turn_positive (all companies) · ITP (all signals) · all methodology
fcf_turn_positive on IT TECH PACKAGING, INC. (ITP)
SIC 2670 — Converted Paper & Paperboard Prods (No Contaners/Boxes) · CIK 1358190 · 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 ITP
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2024 | 2025-04-11 | 2025-04-11 | +0.00% | -4.00% | +40.00% | -20.00% | -16.00% |
| FY2022 | 2023-03-24 | 2023-03-24 | -2.50% | -5.00% | +17.50% | +15.00% | -35.00% |
| FY2015 | 2016-03-23 | 2016-03-23 | +0.00% | -3.91% | -5.47% | -17.97% | -19.53% |
| FY2012 | 2013-03-18 | 2013-03-18 | +3.31% | +1.10% | -5.37% | -9.82% | +41.66% |
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.