TNIC Peer Margin Shock Spillover
In plain terms
When TNIC product-market peers see big margin moves, focal usually follows within 1-2 quarters.
How it works
TNIC-peer-basket gross-margin z over trailing 8 quarters. Margin shocks across a product-market cluster propagate to focal 1-2 quarters later.
Live results
0 times picked on its own · 56 times inside a blend (54 beat the stock) · updated 2026-07-06Data dependencies
- Income statements
A data feed this strategy reads, refreshed on its normal schedule.
- Entity graph edges
A data feed this strategy reads, refreshed on its normal schedule.
- Daily prices
Adjusted-close OHLCV for every US-listed ticker; primary price feed.
Expected edge
- Reported return
- ~3-6%/yr
- Reported Sharpe
- ~0.6
- Tested over
- T+1 to T+63d
Cohen-Frazzini 2008: 113 bps/mo cluster lead-lag generalized to margin shocks.
Example tickers where this is likely to fire
Illustrative only, the signal fires based on the live data, not a fixed list.
Related families
The 1-month lagged return of a stock's text-similarity peer basket (TNIC, crosses sectors) predicts the focal stock's next-month return.
When a stock similar to ours beats or misses earnings, ours often drifts in the same direction over the next 1-3 weeks. We position alongside.
When our biggest customer (proxied as TNIC peer) has a huge price move, ours follows over 1-3 weeks. Long/short directional.
Explore TNIC Peer Margin Shock Spillover on alphactor.ai
See which tickers this family is currently firing on, with live signals and rankings.