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zombie_alert on Global Water Resources, Inc. (GWRS)

SIC 4941 — Water Supply · CIK 1434728 · 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 GWRS

FYFiling dateEvent date1d5d20d60d252d
FY20212022-03-102022-03-10+1.20%+5.86%+4.28%-10.63%-20.82%
FY20202021-03-042021-03-04+2.49%+8.03%+0.62%+4.33%-4.12%
FY20192020-03-052020-03-05-3.96%-20.74%-19.78%-13.99%+36.64%
FY20172018-03-092018-03-09-0.55%+0.93%-0.29%+0.35%+8.26%
FY20162017-03-102017-03-10+2.98%+7.44%+3.02%+10.78%+10.43%

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/1434728/financials