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positive_eps_streak on Graham Holdings Co (GHC)

SIC 8200 — Services-Educational Services · CIK 104889 · 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 GHC

FYFiling dateEvent date1d5d20d60d252d
FY20252026-02-252026-02-25+1.31%+2.49%+1.81%
FY20242025-02-262025-02-26+0.66%-1.92%-0.02%-5.13%+9.07%
FY20232024-02-232024-02-23-1.84%-0.71%+5.73%+8.02%+39.18%
FY20222023-02-242023-02-24-2.36%-2.87%-11.09%-8.69%+8.32%
FY20212022-02-252022-02-25+0.54%-3.93%+2.35%-0.69%+5.93%
FY20202021-02-242021-02-24-5.36%-8.31%-7.74%+7.69%-6.02%
FY20192020-02-262020-02-26+3.66%+4.19%-28.63%-27.98%+25.26%
FY20182019-02-252019-02-25-1.81%-0.63%-4.08%+0.93%-27.65%
FY20142015-02-272015-02-27+1.04%+6.17%+5.74%+9.08%-17.21%
FY20132014-02-282014-02-28-2.39%-2.20%-1.82%-5.21%+41.02%
FY20122013-02-282013-02-28-0.68%+3.98%+12.16%+18.87%+81.06%
FY20112012-02-292012-02-29+1.17%-0.90%-2.78%-13.28%+6.45%

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/104889/financials