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zombie_alert on USA Compression Partners, LP (USAC)

SIC 4922 — Natural Gas Transmission · CIK 1522727 · 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 USAC

FYFiling dateEvent date1d5d20d60d252d
FY20222023-02-142023-02-14+0.62%-3.28%-5.57%-7.22%+26.06%
FY20212022-02-152022-02-15+2.24%+3.51%+5.87%+6.84%+42.27%
FY20182019-02-192019-02-19-0.13%+2.63%+2.06%+17.24%+12.41%
FY20162017-02-132017-02-13-0.81%-2.39%-10.65%-6.38%+11.05%

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/1522727/financials