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positive_eps_streak on INTERNATIONAL BUSINESS MACHINES CORP (IBM)

SIC 3570 — Computer & office Equipment · CIK 51143 · 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 IBM

FYFiling dateEvent date1d5d20d60d252d
FY20252026-02-242026-02-24+3.58%+6.96%+4.91%
FY20242025-02-252025-02-25-0.74%-1.76%-3.05%+1.88%-3.77%
FY20232024-02-262024-02-26+0.40%+4.85%+2.53%-4.85%+42.15%
FY20222023-02-282023-02-28-0.86%-0.81%+0.03%-1.47%+49.74%
FY20212022-02-222022-02-22-1.49%-2.07%+4.15%+8.58%+10.80%
FY20202021-02-232021-02-23+2.07%-0.31%+8.08%+19.95%+12.64%
FY20192020-02-252020-02-25-1.38%-9.04%-25.57%-13.20%-8.23%
FY20182019-02-262019-02-26-0.39%-1.32%+0.36%-1.25%+4.69%
FY20172018-02-272018-02-27-0.46%-0.53%-2.96%-6.56%-7.61%
FY20162017-02-282017-02-28+1.18%+0.31%-2.95%-14.36%-9.81%
FY20152016-02-232016-02-23+0.30%+1.49%+11.86%+12.36%+41.71%
FY20142015-02-242015-02-24-1.23%-2.31%-1.11%+6.22%-16.54%
FY20132014-02-252014-02-25+0.45%+1.75%+6.45%+2.32%-8.85%
FY20122013-02-262013-02-26+1.60%+3.71%+6.64%+4.43%-5.66%
FY20112012-02-282012-02-28-0.63%-0.36%+4.65%-0.52%+4.25%
FY20102011-02-222011-02-22-1.09%-1.22%-2.44%+5.71%+21.73%

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/51143/financials