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zombie_alert on DigitalOcean Holdings, Inc. (DOCN)

SIC 7370 — Services-Computer Programming, Data Processing, Etc. · CIK 1582961 · 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 DOCN

FYFiling dateEvent date1d5d20d60d252d
FY20232024-02-212024-02-21+8.68%+4.07%+9.54%+4.10%+3.68%
FY20222023-08-112023-08-11+0.95%-8.58%-27.21%-33.36%+0.34%

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/1582961/financials