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zombie_alert on TITAN INTERNATIONAL INC (TWI)

SIC 3312 — Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) · CIK 899751 · 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 TWI

FYFiling dateEvent date1d5d20d60d252d
FY20202021-03-042021-03-04-4.30%+5.41%+18.06%+14.13%+43.24%
FY20192020-03-042020-03-04-11.46%-9.90%-26.87%-35.75%+325.19%
FY20172018-02-232018-02-23-1.06%-10.39%-10.88%-13.25%-56.50%
FY20162017-03-152017-03-15+2.16%-11.27%-12.35%+12.55%+24.92%
FY20152016-02-252016-02-25+14.96%+44.14%+35.16%+45.77%+230.34%

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/899751/financials