Economy & PolicyExtended setparkedNew

Ofac Supplier Customer Contagion

Updated event-triggeredData needs: mediumshort only
paper
2022
Source
Caldara-Iacoviello 2022 AER.
Read the paper →

In plain terms

When OFAC adds many sanctions at once, firms with supply-chain ties to sanctioned countries can underperform. We short exposed names for the next 1-3 months.

How it works

Geopolitical-risk shocks (sanctions, embargo) impose asymmetric costs on firms with supply-chain exposure. TNIC product-market peers of exposed firms suffer contagion over 30-90 days.

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.
Loading substrate evidence…

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.

  • Tnic peers

    Hoberg-Phillips text-based industry classification peer lists (annual).

Expected edge

Reported return
~5%/yr on exposed firms
Tested over
1985-2018 (Caldara-Iacoviello)

Caldara-Iacoviello geopolitical-risk premium ~5% / yr on exposed firms.

Related families

Explore Ofac Supplier Customer Contagion 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