← positive_eps_streak (all companies) · FRME (all signals) · all methodology
positive_eps_streak on FIRST MERCHANTS CORP (FRME)
SIC 6021 — National Commercial Banks · CIK 712534 · 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 FRME
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-02-25 | 2026-02-25 | -0.19% | -5.25% | -6.30% | — | — |
| FY2024 | 2025-02-24 | 2025-02-24 | -0.16% | +1.63% | -3.35% | -8.23% | -0.91% |
| FY2023 | 2024-02-29 | 2024-02-29 | -1.33% | +4.04% | +5.12% | +0.39% | +31.70% |
| FY2022 | 2023-03-01 | 2023-03-01 | -0.84% | -2.38% | -15.97% | -33.44% | -15.12% |
| FY2021 | 2022-03-01 | 2022-03-01 | +3.29% | -1.47% | +2.16% | -5.09% | -2.16% |
| FY2020 | 2021-03-01 | 2021-03-01 | -0.96% | +9.98% | +6.49% | +3.13% | +2.62% |
| FY2016 | 2017-03-01 | 2017-03-01 | -2.68% | -2.14% | -5.78% | +0.30% | +3.58% |
| FY2015 | 2016-02-29 | 2016-02-29 | +2.84% | +6.01% | +5.87% | +18.42% | +84.41% |
| FY2014 | 2015-02-27 | 2015-02-27 | +0.84% | +1.47% | +3.42% | +3.91% | +0.01% |
| FY2013 | 2014-03-14 | 2014-03-14 | +0.05% | +0.60% | -4.96% | -2.87% | +10.57% |
| FY2012 | 2013-03-15 | 2013-03-15 | -1.32% | -2.14% | -10.27% | +8.20% | +38.77% |
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 | 21,256 | +0.05% | +49.53% | long | -0.16% | 22 | -0.04 |
| 5d | 21,258 | +0.10% | +50.10% | long | -0.10% | 22 | -0.00 |
| 20d | 21,218 | -0.80% | +49.80% | long | -1.03% | 22 | -0.04 |
| 60d | 19,852 | +1.64% | +54.15% | long | +1.48% | 22 | +0.04 |
| 252d | 19,501 | +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.