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profit_to_loss on HECLA MINING CO/DE/ (HL)

SIC 1400 — Mining & Quarrying of Nonmetallic Minerals (No Fuels) · CIK 719413 · 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 HL

FYFiling dateEvent date1d5d20d60d252d
FY20222023-02-172023-02-17-1.93%-1.93%+12.70%+2.25%-30.32%
FY20172018-02-152018-02-15+1.79%-3.07%-1.45%+0.34%-25.04%
FY20152016-02-232016-02-23+3.75%+5.00%+18.89%+71.87%+165.74%
FY20132014-02-192014-02-19+4.36%-2.33%-2.83%-12.14%+0.11%

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
1d3,667-0.22%+42.21%short-0.13%35-0.02
5d3,667+0.28%+43.50%short-0.21%36-0.01
20d3,616+0.23%+44.16%short+0.79%40+0.04
60d3,386+4.37%+49.00%short-3.72%51-0.06
252d3,297+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.


Data: /api/company/719413/financials