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zombie_alert on CENTERSPACE (CSR)

SIC 6798 — Real Estate Investment Trusts · CIK 798359 · 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 CSR

FYFiling dateEvent date1d5d20d60d252d
FY20182018-06-282018-06-28-2.81%-0.88%-4.92%-0.69%+9.43%
FY20172017-06-282017-06-28+1.31%-0.16%+2.12%-3.92%-2.15%
FY20162016-06-292016-06-29-1.67%-6.84%+0.76%-4.62%+0.40%
FY20152015-06-292015-06-29+2.15%+3.86%+1.57%+10.60%-0.02%
FY20142014-06-302014-06-30-3.26%-4.99%-7.06%-16.84%-17.04%
FY20132013-07-012013-07-01+2.24%+3.19%+4.01%-1.05%+11.72%
FY20122012-07-162012-07-16+1.09%-1.09%-2.43%+0.73%+19.56%

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/798359/financials