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margin_compression_severe on Nano Magic Inc. (NMGX)

SIC 3470 — Coating, Engraving & Allied Services · CIK 891417 · 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 NMGX

FYFiling dateEvent date1d5d20d60d252d
FY20222023-04-112023-04-11+0.00%-0.40%+51.39%+358.17%+103.19%
FY20192020-05-132020-05-13+0.00%+0.00%-49.24%-49.24%-87.31%
FY20182019-11-142019-11-14-7.69%+6.15%-10.52%-12.37%+0.00%
FY20172018-06-152018-06-15+0.00%+0.94%+6.62%-0.48%-6.18%
FY20152016-03-302016-03-30+0.00%-6.25%-23.44%-15.31%-56.25%

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/891417/financials