← margin_compression_severe (all companies) · WKSP (all signals) · all methodology
margin_compression_severe on Worksport Ltd (WKSP)
SIC 3714 — Motor Vehicle Parts & Accessories · CIK 1096275 · 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 WKSP
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2024 | 2025-03-27 | 2025-03-27 | +3.88% | -8.66% | -15.22% | -12.84% | -71.64% |
| FY2023 | 2024-03-28 | 2024-03-28 | +9.57% | +6.09% | -14.78% | +32.17% | -42.78% |
| FY2021 | 2022-03-31 | 2022-03-31 | +0.38% | +10.69% | -9.54% | -26.72% | -46.56% |
| FY2019 | 2020-05-14 | 2020-05-14 | -5.77% | -6.73% | -23.08% | -20.19% | +176.92% |
| FY2018 | 2019-05-13 | 2019-05-13 | -5.80% | -34.78% | -42.75% | -17.39% | -31.16% |
| FY2016 | 2017-09-18 | 2017-09-18 | +22.86% | +14.29% | -40.00% | -45.71% | -25.71% |
| FY2015 | 2016-05-09 | 2016-05-09 | +81.82% | +100.00% | -31.82% | -31.82% | -84.09% |
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.