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zombie_alert on BlueLinx Holdings Inc. (BXC)

SIC 5031 — Wholesale-Lumber, Plywood, Millwork & Wood Panels · CIK 1301787 · 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 BXC

FYFiling dateEvent date1d5d20d60d252d
FY20192020-03-112020-03-11-8.50%-6.15%-8.50%+56.06%+622.97%
FY20182019-03-132019-03-13-0.28%+5.13%-5.64%-23.44%-80.03%
FY20172018-03-012018-03-01-1.18%-2.36%+102.17%+133.13%+83.75%
FY20152016-03-282016-03-28+9.26%+16.67%+25.93%+35.00%+52.59%
FY20142015-02-202015-02-20-3.54%-4.42%-13.27%+0.88%-65.49%
FY20122013-02-202013-02-20-0.68%+6.44%-9.15%-15.93%-46.44%

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/1301787/financials