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positive_eps_streak on MACERICH CO (MAC)

SIC 6798 — Real Estate Investment Trusts · CIK 912242 · 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 MAC

FYFiling dateEvent date1d5d20d60d252d
FY20192020-02-252020-02-25-3.16%-6.82%-66.29%-66.11%-33.30%
FY20182019-02-252019-02-25-1.62%-2.19%-1.57%-3.67%-44.18%
FY20172018-02-232018-02-23+0.76%-0.54%-3.50%-5.93%-22.96%
FY20162017-02-242017-02-24+1.07%-0.95%-4.97%-11.91%-6.56%
FY20152016-02-232016-02-23-0.24%+2.33%+1.20%-6.44%-10.95%
FY20142015-02-232015-02-23-1.94%-0.25%+3.12%-1.30%+0.47%
FY20132014-02-212014-02-21+0.15%-0.89%-0.18%+9.37%+44.99%
FY20122013-02-222013-02-22-1.50%-0.64%+3.92%+18.06%+4.43%
FY20112012-02-242012-02-24+0.04%+1.03%+2.37%+5.69%+15.29%

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/912242/financials