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zombie_alert on Spectrum Brands Holdings, Inc. (SPB)

SIC 3690 — Miscellaneous Electrical Machinery, Equipment & Supplies · CIK 109177 · 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 SPB

FYFiling dateEvent date1d5d20d60d252d
FY20222022-11-222022-11-22+2.34%+10.27%+24.68%+30.12%+39.51%
FY20172017-11-202017-11-20+3.68%+6.29%+1.81%-1.50%-50.00%
FY20162016-11-232016-11-23+0.89%-6.01%-2.85%+16.08%+6.77%

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/109177/financials