← margin_compression_severe (all companies) · HDSN (all signals) · all methodology
margin_compression_severe on HUDSON TECHNOLOGIES INC /NY (HDSN)
SIC 5080 — Wholesale-Machinery, Equipment & Supplies · CIK 925528 · default direction: short
Definition
Fires on >500 bps year-over-year decline in operating margin. Captures the 'good business getting worse' pattern.
Every time the signal fired on HDSN
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2024 | 2025-03-12 | 2025-03-12 | -1.98% | -1.15% | -7.25% | +17.79% | -5.11% |
| FY2023 | 2024-03-14 | 2024-03-14 | +1.04% | +3.11% | -11.39% | -19.07% | -48.06% |
| FY2018 | 2019-03-15 | 2019-03-15 | +7.65% | +3.06% | -22.45% | -30.10% | -63.27% |
| FY2013 | 2014-02-28 | 2014-02-28 | -0.32% | -0.96% | -9.90% | -10.54% | +27.48% |
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 | 2,429 | +2.00% | +36.27% | short | -2.03% | 46 | -0.02 |
| 5d | 2,429 | +3.35% | +38.74% | short | -2.80% | 47 | -0.02 |
| 20d | 2,364 | +6.26% | +38.32% | short | -4.81% | 52 | -0.03 |
| 60d | 2,266 | +78.74% | +40.47% | short | -75.14% | 65 | -0.03 |
| 252d | 2,195 | +41.39% | +39.77% | short | -31.94% | 126 | -0.09 |
Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See margin_compression_severe methodology for the full audit.