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profit_to_loss on Quanex Building Products CORP (NX)

SIC 3350 — Rolling Drawing & Extruding of Nonferrous Metals · CIK 1423221 · 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 NX

FYFiling dateEvent date1d5d20d60d252d
FY20252025-12-122025-12-12-2.25%-6.08%+8.33%+3.71%
FY20192019-12-122019-12-12+0.72%-4.35%-11.78%-24.74%+15.80%
FY20162016-12-162016-12-16+0.00%+2.93%-2.93%+1.67%+13.78%
FY20122012-12-312012-12-31+2.84%+0.88%+2.30%-20.94%-1.52%

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/1423221/financials