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zombie_alert on Tronox Holdings plc (TROX)

SIC 2810 — Industrial Inorganic Chemicals · CIK 1530804 · 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 TROX

FYFiling dateEvent date1d5d20d60d252d
FY20252026-02-202026-02-20+1.47%+10.00%+3.09%
FY20242025-02-192025-02-19+0.25%-1.36%-6.43%-32.16%-8.82%
FY20232024-02-212024-02-21+2.42%-3.10%+16.27%+30.40%-44.34%
FY20192020-03-162020-03-16+16.27%-8.63%+15.10%+58.02%+268.39%
FY20182019-03-012019-03-01+0.86%+4.00%+13.49%-3.45%-35.65%
FY20172018-03-012018-03-01-2.80%-3.19%-9.22%-10.11%-42.02%
FY20162017-02-242017-02-24+4.02%+3.25%-5.80%+4.83%+19.37%

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/1530804/financials