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margin_compression_severe on KRONOS WORLDWIDE INC (KRO)

SIC 2810 — Industrial Inorganic Chemicals · CIK 1257640 · 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 KRO

FYFiling dateEvent date1d5d20d60d252d
FY20252026-03-092026-03-09-2.42%-4.84%+19.74%
FY20232024-03-062024-03-06+16.65%+33.87%+38.27%+64.28%-12.68%
FY20192020-03-112020-03-11-9.39%+13.71%+13.20%+40.23%+103.20%
FY20152016-03-102016-03-10-2.61%-5.86%-4.72%+1.21%+142.92%
FY20132014-03-122014-03-12+6.83%+7.62%+12.39%-3.78%-16.05%
FY20122013-03-122013-03-12-3.22%-5.41%-12.09%-9.09%-9.69%

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)

Horizonn eventsGross stock retHit rateTrade dirNet PnLCost (bps)r/σ net
1d2,429+2.00%+36.27%short-2.03%46-0.02
5d2,429+3.35%+38.74%short-2.80%47-0.02
20d2,364+6.26%+38.32%short-4.81%52-0.03
60d2,266+78.74%+40.47%short-75.14%65-0.03
252d2,195+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.


Data: /api/company/1257640/financials