← positive_eps_streak (all companies) · WM (all signals) · all methodology
positive_eps_streak on WASTE MANAGEMENT INC (WM)
SIC 4953 — Refuse Systems · CIK 823768 · 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 WM
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-02-09 | 2026-02-09 | +0.53% | +2.05% | +2.19% | — | — |
| FY2024 | 2025-02-19 | 2025-02-19 | +0.26% | +0.07% | -0.14% | +0.15% | +2.28% |
| FY2023 | 2024-02-13 | 2024-02-13 | -0.17% | +2.38% | +5.77% | +5.90% | +15.79% |
| FY2022 | 2023-02-07 | 2023-02-07 | -0.31% | +0.01% | -0.94% | +11.41% | +27.45% |
| FY2021 | 2022-02-15 | 2022-02-15 | -0.08% | -1.46% | +8.74% | +9.43% | +8.44% |
| FY2020 | 2021-02-22 | 2021-02-22 | -0.58% | +1.74% | +12.12% | +27.66% | +30.83% |
| FY2019 | 2020-02-13 | 2020-02-13 | +1.22% | +0.27% | -14.84% | -18.73% | -7.09% |
| FY2018 | 2019-02-14 | 2019-02-14 | +0.22% | +0.90% | +2.68% | +8.31% | +29.60% |
| FY2017 | 2018-02-15 | 2018-02-15 | +1.34% | +1.75% | +3.38% | -1.12% | +20.44% |
| FY2016 | 2017-02-16 | 2017-02-16 | +1.78% | +2.77% | +3.92% | +1.99% | +22.34% |
| FY2015 | 2016-02-18 | 2016-02-18 | +0.34% | +1.55% | +7.04% | +11.92% | +32.10% |
| FY2014 | 2015-02-17 | 2015-02-17 | +1.28% | +0.98% | +1.69% | -7.83% | +4.85% |
| FY2013 | 2014-02-18 | 2014-02-18 | -1.27% | -2.30% | -0.08% | +6.45% | +35.37% |
| FY2012 | 2013-02-14 | 2013-02-14 | -1.21% | -1.43% | +2.02% | +11.57% | +21.87% |
| FY2011 | 2012-02-16 | 2012-02-16 | +0.55% | +3.54% | +2.27% | -4.25% | +10.76% |
| FY2010 | 2011-02-17 | 2011-02-17 | +0.16% | -2.90% | -2.96% | +2.85% | -5.20% |
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.