← zombie_alert (all companies) · TSQ (all signals) · all methodology
zombie_alert on Townsquare Media, Inc. (TSQ)
SIC 4832 — Radio Broadcasting Stations · CIK 1499832 · 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 TSQ
| FY | Filing date | Event date | 1d | 5d | 20d | 60d | 252d |
|---|---|---|---|---|---|---|---|
| FY2025 | 2026-03-16 | 2026-03-16 | -5.05% | -12.87% | +5.86% | — | — |
| FY2024 | 2025-03-17 | 2025-03-17 | -1.23% | +0.12% | -11.67% | -11.58% | -27.30% |
| FY2022 | 2023-03-16 | 2023-03-16 | +4.48% | +2.91% | +5.11% | +36.18% | +45.12% |
| FY2018 | 2019-03-12 | 2019-03-12 | +2.23% | +8.35% | +11.86% | +1.89% | +15.45% |
| FY2017 | 2018-03-13 | 2018-03-13 | -4.79% | -11.04% | -1.41% | -19.61% | -30.26% |
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.