← zombie_alert (all companies) · BYD (all signals) · all methodology
zombie_alert on BOYD GAMING CORP (BYD)
SIC 7011 — Hotels & Motels · CIK 906553 · 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 BYD
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2020 | 2021-03-01 | 2021-03-01 | -0.29% | -1.85% | -8.45% | -1.01% | +14.20% |
| FY2016 | 2017-02-23 | 2017-02-23 | -0.60% | -0.91% | +3.67% | +25.87% | +78.45% |
| FY2015 | 2016-02-25 | 2016-02-25 | +7.82% | +10.39% | +20.97% | +11.43% | +20.72% |
| FY2014 | 2015-02-27 | 2015-02-27 | +2.10% | +0.80% | +0.94% | +1.01% | +25.42% |
| FY2013 | 2014-03-14 | 2014-03-14 | +2.03% | -0.36% | -12.30% | -19.03% | +4.27% |
| FY2011 | 2012-03-07 | 2012-03-07 | +1.70% | +6.14% | +2.61% | -8.63% | -4.97% |
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 | 1,085 | +13881.81% | +45.90% | long | -0.60% | 28 | -0.10 |
| 5d | 1,079 | +13913.06% | +46.71% | long | -0.46% | 28 | -0.04 |
| 20d | 1,068 | -0.28% | +46.54% | long | -0.67% | 28 | -0.03 |
| 60d | 991 | +3.27% | +49.65% | long | +2.98% | 28 | +0.07 |
| 252d | 970 | +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.