Track record

For every signal we record what actually happened 30, 90 and 180 days later — an offering, a reverse split, a delisting notice, a late filing, a restatement — and publish the hit rates. Only rows with at least 20 evaluated signals are shown; the archive started in 2026-08, so horizons fill in over time and price outcomes arrive with the price feed.

SignalHorizonnWhat followed (share of cases)
Cash < current liabilities30d683offering 24%, reverse_split_or_charter 14%, shelf 9%, listing_notice 7%, late_filing 3%, delisted 2%, restatement 0%
Cash < current liabilities90d145offering 47%, late_filing 39%, shelf 29%, listing_notice 23%, reverse_split_or_charter 20%, restatement 2%, delisted 1%
Near $5M MVLS floor30d192offering 20%, reverse_split_or_charter 12%, shelf 12%, listing_notice 5%, late_filing 2%
Near $5M MVLS floor90d24offering 58%, listing_notice 46%, late_filing 42%, reverse_split_or_charter 42%, shelf 29%
Negative equity30d246offering 16%, listing_notice 9%, reverse_split_or_charter 9%, shelf 7%, late_filing 3%, delisted 1%, restatement 0%
Negative equity90d44offering 46%, late_filing 43%, listing_notice 32%, reverse_split_or_charter 30%, shelf 25%, restatement 2%
Officer/director change30d33offering 15%, shelf 12%, late_filing 6%, reverse_split_or_charter 6%, listing_notice 3%
Reverse split30d26offering 35%, reverse_split_or_charter 23%, late_filing 15%, listing_notice 12%, shelf 12%
Runway < 6 months30d1027offering 21%, reverse_split_or_charter 11%, shelf 10%, listing_notice 9%, late_filing 3%, delisted 1%, restatement 0%
Runway < 6 months90d204offering 52%, late_filing 44%, shelf 30%, listing_notice 27%, reverse_split_or_charter 24%, restatement 2%, delisted 0%
Runway < 6 months180d23late_filing 65%, listing_notice 56%, offering 48%, reverse_split_or_charter 44%, restatement 17%, shelf 13%
Runway 6–12 months30d548offering 12%, reverse_split_or_charter 6%, listing_notice 5%, shelf 5%, late_filing 1%, delisted 0%, restatement 0%
Runway 6–12 months90d41late_filing 29%, listing_notice 27%, offering 27%, reverse_split_or_charter 22%, shelf 20%, delisted 2%, restatement 2%
Share count +25%30d263offering 32%, shelf 19%, reverse_split_or_charter 15%, listing_notice 6%, late_filing 1%, restatement 0%
Share count +25%90d35offering 71%, shelf 46%, late_filing 34%, listing_notice 29%, reverse_split_or_charter 29%, delisted 3%, restatement 3%
Shelf filed30d23offering 30%, late_filing 9%, shelf 4%

These are conditional frequencies, not predictions, and they feed back into the importance priors as the sample grows (calibration plan).