Economy & PolicyExtended setlive in productionNew

Ofac Sdn Sanctions Event

Updated dailyData needs: highshort only
paper
2019
Source
Draca, M., Garred, J., Stickland, L., Warrinnier, N. (2019). "On Target? Sanctions and the Economic Interests of Elite Policymakers in Iran." LSE/CEP DP. Also Besedeš-Goldbach-Nitsch 2017 EP.
Read the paper →

In plain terms

OFAC adds new country/entity to sanctions list → US firms with disclosed business there underperform 1-3 weeks.

How it works

New OFAC SDN action against country C imposes step-change cost on US firms with disclosed segment exposure to C.

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.

  • Ofac sdn

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

  • Ofac corporate exposure

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

Expected edge

Reported return
-3% to -8%
Reported Sharpe
~0.4
Tested over
T+0 to T+20d

-3% to -8% CAR over 20d.

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 Ofac Sdn Sanctions Event 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