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Adcomm Split Vote Short

Updated dailyData needs: mediumshort only
paper
2010
Source
Carpenter, D., Chattopadhyay, J., Moffitt, S. & Nall, C. (2010). "The Complications of Controlling Agency Time Discretion: FDA Review Deadlines and Postmarket Drug Safety." American Political Science Review, 105(4), 644-666.
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In plain terms

When a drug's FDA review keeps getting delayed (3+ different target dates), we short the sponsor for the next 1-2 months.

How it works

Contested FDA AdComm reviews (split votes, e.g. 7-6) predict final-PDUFA rejection more often than baseline; sponsor stock drifts negative 30-60d before action date.

No live results for this strategy yet. Charts appear once it has earned a top spot on at least one stock, either on its own or as part of a blend of several strategies.
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Data dependencies

  • Daily prices

    Adjusted-close OHLCV for every US-listed ticker; primary price feed.

  • Fda adcomm

    A data feed this strategy reads, refreshed on its normal schedule.

Expected edge

Reported return
above-baseline rejection
Tested over
T+1 to T+60d

Carpenter et al 2010: above-baseline rejection rate on contested reviews.

Example tickers where this is likely to fire

Illustrative only, the signal fires based on the live data, not a fixed list.

Related families

Explore Adcomm Split Vote Short on alphactor.ai

See which tickers this family is currently firing on, with live signals and rankings.

For informational and educational purposes only. Not financial advice. Learn more