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Faers Class Rotation

Updated dailyData needs: highshort only
paper
2008
Source
Cohen, L. & Frazzini, A. (2008). "Economic Links and Predictable Returns." Journal of Finance, 63(4), 1977-2011. (Cross-firm contagion mechanism applied to FAERS therapeutic-class severity spillover.)
Read the paper →

In plain terms

When a whole drug class has a safety-event spike, we short the worst-hit company and assume the market rotates to alternatives.

How it works

Class-wide FAERS severity surge causes prescribers to pull back across all class members; the worst-hit ticker bears the brunt of the negative drift while alternatives rotate up.

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.

  • Faers drug severity daily

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

  • Faers adverse events

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

Expected edge

Reported return
untested - internal
Tested over
T+1 to T+40d

Cohen-Frazzini 2008 analog: cross-class spillover with concentrated incidence.

Example tickers where this is likely to fire

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

Related families

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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