← zombie_alert (all companies) · IRT (all signals) · all methodology
zombie_alert on INDEPENDENCE REALTY TRUST, INC. (IRT)
SIC 6798 — Real Estate Investment Trusts · CIK 1466085 · 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 IRT
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2018 | 2019-02-22 | 2019-02-22 | +0.00% | +0.88% | +2.24% | +7.33% | +57.84% |
| FY2016 | 2017-03-03 | 2017-03-03 | -1.08% | -3.69% | +2.28% | +7.78% | +0.01% |
| FY2015 | 2016-03-11 | 2016-03-11 | +1.05% | -3.31% | +4.70% | +17.36% | +45.00% |
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.