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positive_eps_streak on Air Products & Chemicals, Inc. (APD)

SIC 2810 — Industrial Inorganic Chemicals · CIK 2969 · default direction: long

Definition

Fires on companies with consecutive years of positive earnings — quality compounder candidates. Surfaces stable franchises with earnings durability, not speculative growth.

Every time the signal fired on APD

FYFiling dateEvent date1d5d20d60d252d
FY20242024-11-212024-11-21+0.90%+1.66%-10.30%-5.20%-19.26%
FY20232023-11-162023-11-16-1.32%+0.33%-1.00%-20.17%+23.07%
FY20222022-11-222022-11-22-0.33%+0.32%+1.72%-9.77%-9.09%
FY20212021-11-182021-11-18+0.51%-0.88%+0.71%-15.93%+2.62%
FY20202020-11-192020-11-19+0.04%+2.76%-0.30%-2.37%+12.50%
FY20192019-11-262019-11-26+0.70%-2.34%+0.72%+0.96%+21.25%
FY20182018-11-202018-11-20+1.03%+0.70%-1.92%+13.52%+54.40%
FY20172017-11-162017-11-16+0.25%+0.24%-0.47%+0.64%+4.38%
FY20162016-11-212016-11-21-0.02%+2.67%+5.55%+1.86%+19.16%
FY20152015-11-242015-11-24-0.80%-0.70%-4.51%-5.35%+11.82%
FY20142014-11-242014-11-24+0.41%-0.65%+2.65%+8.40%-1.43%
FY20132013-11-262013-11-26+0.25%-1.29%+4.42%+10.63%+36.72%
FY20122012-11-202012-11-20+0.40%+1.03%+2.65%+9.51%+38.33%
FY20112011-11-222011-11-22-2.36%+6.28%+6.95%+17.23%+8.98%
FY20102010-11-232010-11-23+2.34%+2.15%+7.09%+12.89%-4.43%

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
1d21,256+0.05%+49.53%long-0.16%22-0.04
5d21,258+0.10%+50.10%long-0.10%22-0.00
20d21,218-0.80%+49.80%long-1.03%22-0.04
60d19,852+1.64%+54.15%long+1.48%22+0.04
252d19,501+13.65%+64.44%long+13.47%22+0.27

Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See positive_eps_streak methodology for the full audit.


Data: /api/company/2969/financials