← positive_eps_streak (all companies) · LAZ (all signals) · all methodology
positive_eps_streak on Lazard, Inc. (LAZ)
SIC 6282 — Investment Advice · CIK 1311370 · 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 LAZ
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-02-23 | 2023-02-23 | -0.49% | +2.76% | -9.41% | -22.26% | +10.65% |
| FY2021 | 2022-02-28 | 2022-02-28 | -1.82% | -4.71% | +2.60% | -1.56% | +16.83% |
| FY2020 | 2021-02-26 | 2021-02-26 | +4.73% | +3.49% | +13.03% | +22.83% | -5.78% |
| FY2019 | 2020-02-25 | 2020-02-25 | -0.63% | -3.15% | -37.43% | -31.59% | +11.64% |
| FY2018 | 2019-02-26 | 2019-02-26 | -0.05% | +0.51% | -2.95% | -7.23% | +6.47% |
| FY2017 | 2018-02-27 | 2018-02-27 | -0.44% | +0.46% | -4.50% | +1.79% | -27.26% |
| FY2016 | 2017-02-24 | 2017-02-24 | +1.49% | +1.41% | +6.13% | +5.10% | +36.11% |
| FY2015 | 2016-02-25 | 2016-02-25 | +5.54% | +14.71% | +17.48% | +5.74% | +39.77% |
| FY2014 | 2015-02-27 | 2015-02-27 | +1.63% | -0.69% | +3.89% | +10.59% | -26.01% |
| FY2013 | 2014-02-27 | 2014-02-27 | +0.20% | +2.72% | +1.85% | +11.97% | +18.40% |
| FY2012 | 2013-02-28 | 2013-02-28 | +0.28% | +2.14% | -4.93% | -6.72% | +29.63% |
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.