← profit_to_loss (all companies) · DBO (all signals) · all methodology
profit_to_loss on Invesco DB Oil Fund (DBO)
SIC 6221 — Commodity Contracts Brokers & Dealers · CIK 1383058 · default direction: short
Definition
Fires when a previously-profitable company swings to net loss in the current fiscal year. Often early warning of structural problems.
Every time the signal fired on DBO
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-03-02 | 2026-03-02 | +3.31% | +16.54% | +35.02% | — | — |
| FY2023 | 2024-02-23 | 2024-02-23 | +0.97% | +1.80% | +5.39% | +7.46% | +0.86% |
| FY2018 | 2019-02-28 | 2019-02-28 | -1.84% | -0.39% | +0.97% | -0.87% | -20.17% |
| FY2014 | 2015-03-06 | 2015-03-06 | -0.98% | -5.87% | -1.89% | +4.54% | -44.55% |
| FY2012 | 2013-03-01 | 2013-03-01 | -1.02% | +0.90% | +5.85% | +3.14% | +14.55% |
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 | 3,667 | -0.22% | +42.21% | short | -0.13% | 35 | -0.02 |
| 5d | 3,667 | +0.28% | +43.50% | short | -0.21% | 36 | -0.01 |
| 20d | 3,616 | +0.23% | +44.16% | short | +0.79% | 40 | +0.04 |
| 60d | 3,386 | +4.37% | +49.00% | short | -3.72% | 51 | -0.06 |
| 252d | 3,297 | +20.41% | +51.05% | short | -17.43% | 102 | -0.13 |
Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See profit_to_loss methodology for the full audit.