← positive_eps_streak (all companies) · HGBL (all signals) · all methodology
positive_eps_streak on Heritage Global Inc. (HGBL)
SIC 7389 — Services-Business Services, NEC · CIK 849145 · 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 HGBL
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-03-12 | 2026-03-12 | -4.88% | +0.00% | +13.82% | — | — |
| FY2024 | 2025-03-13 | 2025-03-13 | +12.92% | +6.70% | -3.35% | -2.87% | -42.58% |
| FY2023 | 2024-03-14 | 2024-03-14 | -2.00% | -8.67% | -12.67% | -21.33% | -23.33% |
| FY2022 | 2024-02-07 | 2024-02-07 | +0.71% | -1.79% | +4.64% | -12.86% | -18.21% |
| FY2021 | 2022-03-17 | 2022-03-17 | -0.72% | -2.17% | -19.57% | -6.52% | +101.45% |
| FY2020 | 2021-03-08 | 2021-03-08 | -4.23% | -4.23% | -3.58% | -10.42% | -52.44% |
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.