← zombie_alert (all companies) · PACK (all signals) · all methodology
zombie_alert on Ranpak Holdings Corp. (PACK)
SIC 2670 — Converted Paper & Paperboard Prods (No Contaners/Boxes) · CIK 1712463 · 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 PACK
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-03-05 | 2026-03-05 | -8.96% | -23.58% | -15.57% | — | — |
| FY2024 | 2025-03-17 | 2025-03-17 | -5.65% | -3.32% | -36.71% | -37.38% | -42.36% |
| FY2023 | 2024-03-14 | 2024-03-14 | +2.18% | +2.45% | +0.54% | -21.09% | -22.72% |
| FY2022 | 2023-03-31 | 2023-03-31 | -1.72% | -4.21% | -22.03% | -23.75% | +54.41% |
| FY2020 | 2021-03-04 | 2021-03-04 | +6.90% | +13.38% | +8.61% | +18.14% | +20.49% |
| FY2018 | 2019-03-01 | 2019-03-01 | -0.29% | +0.10% | +0.69% | -0.79% | -18.66% |
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.