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zombie_alert on Braemar Hotels & Resorts Inc. (BHR)

SIC 6798 — Real Estate Investment Trusts · CIK 1574085 · default direction: long

Definition

Fires on companies with persistent negative free cash flow but still operating — 'walking dead' candidates. Useful as oversold-bounce flag.

Every time the signal fired on BHR

FYFiling dateEvent date1d5d20d60d252d
FY20252026-03-122026-03-12+0.00%-4.00%-0.80%
FY20232024-03-142024-03-14-4.15%+3.11%+30.20%+54.64%+64.50%
FY20222023-03-102023-03-10-1.60%-7.31%-11.39%-3.99%-51.82%
FY20212022-03-102022-03-10-3.31%+0.17%-8.80%+4.97%-27.30%
FY20192020-03-132020-03-13-27.76%-41.81%-3.01%+68.23%+134.78%
FY20182019-03-082019-03-08-3.41%-7.32%+11.26%-16.99%-51.85%
FY20152016-03-152016-03-15-1.25%-0.77%+6.24%+24.96%+8.51%
FY20142015-03-162015-03-16+0.43%+3.95%-2.07%-4.93%-35.60%

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
1d1,085+13881.81%+45.90%long-0.60%28-0.10
5d1,079+13913.06%+46.71%long-0.46%28-0.04
20d1,068-0.28%+46.54%long-0.67%28-0.03
60d991+3.27%+49.65%long+2.98%28+0.07
252d970+17.15%+53.51%long+17.86%28+0.22

Net PnL is direction × stock return − round-trip execution cost (5 bps half-spread + ADV-tiered borrow). See zombie_alert methodology for the full audit.


Data: /api/company/1574085/financials