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positive_eps_streak on FORWARD AIR CORP (FWRD)
SIC 4731 — Arrangement of Transportation of Freight & Cargo · CIK 912728 · 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 FWRD
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2023 | 2024-03-15 | 2024-03-15 | -5.03% | +4.07% | -12.46% | -25.13% | -23.92% |
| FY2022 | 2023-03-01 | 2023-03-01 | +1.86% | +3.54% | +0.83% | -6.37% | -68.91% |
| FY2021 | 2022-03-01 | 2022-03-01 | +2.44% | -2.89% | +0.81% | -7.68% | +6.39% |
| FY2020 | 2021-03-01 | 2021-03-01 | -0.13% | +1.03% | -0.61% | +7.30% | +18.76% |
| FY2019 | 2020-02-24 | 2020-02-24 | -3.34% | -3.52% | -30.85% | -28.76% | +34.67% |
| FY2018 | 2019-02-20 | 2019-02-20 | +1.40% | -3.45% | -7.58% | -9.57% | -1.27% |
| FY2017 | 2018-02-23 | 2018-02-23 | +0.96% | -1.76% | -5.44% | +9.72% | +19.26% |
| FY2016 | 2017-02-22 | 2017-02-22 | -0.40% | +1.39% | -4.68% | +0.90% | +10.98% |
| FY2015 | 2016-02-19 | 2016-02-19 | +2.30% | +2.25% | +14.97% | +8.09% | +26.77% |
| FY2014 | 2015-02-20 | 2015-02-20 | +0.32% | -0.48% | +7.33% | -0.15% | -23.25% |
| FY2013 | 2014-02-19 | 2014-02-19 | -0.05% | -2.10% | +2.18% | -2.81% | +22.60% |
| FY2012 | 2013-02-15 | 2013-02-15 | +0.85% | -1.41% | +1.24% | +1.67% | +21.19% |
| FY2011 | 2012-02-24 | 2012-02-24 | -0.09% | +4.05% | +8.94% | -2.11% | +17.10% |
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.