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fcf_turn_positive on Research Solutions, Inc. (RSSS)
SIC 7389 — Services-Business Services, NEC · CIK 1386301 · 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 RSSS
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2023 | 2023-09-15 | 2023-09-15 | -2.34% | -5.86% | -14.84% | +3.52% | +1.56% |
| FY2019 | 2019-09-19 | 2019-09-19 | +0.00% | -0.40% | -3.60% | +28.00% | -8.40% |
| FY2016 | 2016-09-20 | 2016-09-20 | +0.00% | +0.00% | -3.85% | -0.96% | +9.62% |
| FY2014 | 2014-09-29 | 2014-09-29 | -4.23% | +5.63% | -7.04% | +18.31% | +19.72% |
| FY2012 | 2012-10-09 | 2012-10-09 | +0.00% | -1.83% | -13.76% | -22.94% | +42.20% |
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.