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positive_eps_streak on BAXTER INTERNATIONAL INC (BAX)

SIC 3841 — Surgical & Medical Instruments & Apparatus · CIK 10456 · 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 BAX

FYFiling dateEvent date1d5d20d60d252d
FY20212022-02-232022-02-23-0.95%-0.27%-9.82%-15.05%-52.00%
FY20202021-02-112021-02-11+1.12%+0.74%+0.44%+11.43%+14.28%
FY20192020-03-172020-03-17+5.07%-8.20%+7.92%+4.08%+0.17%
FY20182019-02-212019-02-21+0.88%+1.20%+6.24%+2.89%+26.51%
FY20172018-02-232018-02-23+1.14%-2.81%-5.73%+5.72%+10.72%
FY20162017-02-232017-02-23+0.20%+1.01%+2.84%+13.83%+37.07%
FY20152016-02-262016-02-26+0.20%+0.36%+2.96%+8.61%+29.41%
FY20142015-02-262015-02-26+0.70%+0.79%-0.18%-1.13%+8.02%
FY20132014-02-212014-02-21+0.27%+0.30%-1.58%+8.52%+1.90%
FY20122013-02-212013-02-21+0.87%+1.78%+6.16%+10.52%+7.27%
FY20112012-02-232012-02-23+1.86%+3.02%+5.30%-8.44%+21.23%
FY20102011-02-232011-02-23-0.08%+0.52%+1.95%+17.12%+12.01%

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/10456/financials