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positive_eps_streak on WASHINGTON TRUST BANCORP INC (WASH)

SIC 6022 — State Commercial Banks · CIK 737468 · 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 WASH

FYFiling dateEvent date1d5d20d60d252d
FY20232024-02-262024-02-26-0.89%-0.35%+2.80%+8.03%+32.36%
FY20222023-02-232023-02-23-1.82%-2.77%-19.72%-43.46%-35.98%
FY20212022-02-242022-02-24+2.55%+0.47%-1.17%-12.69%-17.75%
FY20202021-02-252021-02-25-3.10%+1.57%+6.89%+10.38%+13.69%
FY20192020-02-252020-02-25-0.47%-6.96%-26.33%-34.19%+12.82%
FY20182019-02-262019-02-26+0.36%-0.71%-7.12%+0.46%-8.40%
FY20172018-02-272018-02-27-2.63%+3.00%+0.66%+13.48%+1.70%
FY20162017-03-062017-03-06-0.09%-2.31%-7.90%-10.88%+4.46%
FY20152016-03-082016-03-08-0.34%-2.62%-3.83%+2.93%+44.53%
FY20142015-03-122015-03-12+0.76%-0.21%-0.15%+0.43%+3.12%
FY20132014-03-072014-03-07+0.22%-0.33%+1.25%-6.54%+5.50%
FY20122013-03-082013-03-08-0.07%+2.06%+0.42%+2.98%+39.73%

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/737468/financials