← profit_to_loss (all companies) · NL (all signals) · all methodology
profit_to_loss on NL INDUSTRIES INC (NL)
SIC 2810 — Industrial Inorganic Chemicals · CIK 72162 · 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 NL
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-03-09 | 2026-03-09 | -2.33% | -3.65% | -6.64% | — | — |
| FY2023 | 2024-03-06 | 2024-03-06 | +3.96% | +24.45% | +57.00% | +40.72% | +47.92% |
| FY2018 | 2019-03-11 | 2019-03-11 | -8.03% | -3.44% | -9.40% | -23.39% | -21.78% |
| FY2015 | 2016-03-10 | 2016-03-10 | -0.36% | +0.72% | -15.22% | +21.01% | +111.96% |
| FY2013 | 2014-03-12 | 2014-03-12 | -1.60% | -2.22% | -4.26% | -21.03% | -36.38% |
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.