← zombie_alert (all companies) · FREVS (all signals) · all methodology
zombie_alert on FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. (FREVS)
SIC 6798 — Real Estate Investment Trusts · CIK 36840 · 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 FREVS
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2021 | 2022-01-28 | 2022-01-28 | -4.52% | -1.12% | +0.42% | -3.36% | -3.77% |
| FY2020 | 2021-01-29 | 2021-01-29 | +2.21% | -0.55% | -11.33% | +1.14% | +39.90% |
| FY2019 | 2020-01-21 | 2020-01-21 | +0.00% | -1.43% | +1.64% | -31.33% | -26.38% |
| FY2018 | 2019-01-11 | 2019-01-11 | +0.00% | +0.00% | -1.56% | +4.17% | +3.63% |
| FY2017 | 2018-01-12 | 2018-01-12 | +0.00% | +0.00% | +6.00% | +3.33% | +7.69% |
| FY2016 | 2017-01-13 | 2017-01-13 | +4.51% | -1.19% | -0.24% | -9.08% | -28.22% |
| FY2015 | 2016-01-14 | 2016-01-14 | +0.00% | -2.78% | +0.00% | +16.67% | +16.94% |
| FY2014 | 2015-01-14 | 2015-01-14 | +0.00% | +2.42% | +3.23% | +12.90% | -3.23% |
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.