← positive_eps_streak (all companies) · MMM (all signals) · all methodology
positive_eps_streak on 3M CO (MMM)
SIC 3841 — Surgical & Medical Instruments & Apparatus · CIK 66740 · 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 MMM
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2022 | 2023-02-08 | 2023-02-08 | -2.01% | -0.40% | -7.23% | -9.14% | -14.52% |
| FY2021 | 2022-02-09 | 2022-02-09 | -2.38% | -4.89% | -11.19% | -7.74% | -27.46% |
| FY2020 | 2021-02-04 | 2021-02-04 | +1.08% | +0.89% | +2.93% | +13.07% | -4.23% |
| FY2019 | 2020-02-06 | 2020-02-06 | -1.73% | -1.03% | -4.82% | -8.07% | +13.99% |
| FY2018 | 2019-02-07 | 2019-02-07 | -0.01% | +3.26% | +1.22% | -7.77% | -17.20% |
| FY2017 | 2018-02-08 | 2018-02-08 | +1.04% | +6.00% | +8.92% | -9.62% | -7.47% |
| FY2016 | 2017-02-09 | 2017-02-09 | +0.46% | +3.61% | +8.01% | +12.21% | +29.36% |
| FY2015 | 2016-02-11 | 2016-02-11 | +2.18% | +3.84% | +7.44% | +11.85% | +21.11% |
| FY2014 | 2015-02-12 | 2015-02-12 | +0.02% | +1.33% | -1.91% | -3.62% | -4.66% |
| FY2013 | 2014-02-13 | 2014-02-13 | +1.52% | +1.10% | -0.24% | +9.74% | +30.56% |
| FY2012 | 2013-02-14 | 2013-02-14 | +0.44% | +0.74% | +3.52% | +7.51% | +31.49% |
| FY2011 | 2012-02-16 | 2012-02-16 | -0.10% | +0.63% | +2.18% | -2.08% | +20.79% |
| FY2010 | 2011-02-16 | 2011-02-16 | +0.43% | -2.49% | -3.94% | +3.99% | -2.53% |
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.