Price & Market BehaviorExtended setResearchNew

profitability trend (Accepted-time PIT)

Updated quarterlyData needs: mediumlong onlyshort onlylong short
paper
2017
Source
Akbas, F., Jiang, C., Koch, P. D. (2017). The Trend in Firm Profitability and the Cross Section of Stock Returns. The Accounting Review. Accepted-time XBRL and canonical next-open execution are declared data/execution adaptations.
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In plain terms

Research-only accepted-time fundamental policy. It is not production-approved or an established return effect.

How it works

incorrect_implementation: own-history z of the slope with price-trend gates; the successor uses the paper's eight contiguous quarterly gross-profit/assets observations, time plus fiscal-quarter effects, monthly formation, and NYSE decile breakpoints; accepted-time and next-open execution are declared causal adaptations

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

  • Xbrl fundamental snapshots pit

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

  • Xsec accounting factor signals

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

  • Xsec fundamental formation manifests

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

  • Stock borrow pit

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

Expected edge

No inherited alpha claim; evaluate this causal policy post-cost against identical-episode controls.

Related families

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