FILTRIX Logo FILTRIX Find Your Edge →
← All insights

$CVV -17.86% — what the base rate says

$CVV -17.86% — what the base rate says

Zumiez ($ZUMZ) takes a 16.52% post-close hit following its second-quarter report. Retail dip-buyers always think a retail apparel markdown on earnings is an automatic mean-reversion gift.

The historical tape disagrees.

Across 379 historical instances of earnings gap-downs of 15% or worse, the setup closes green only 48% of the time, bleeding an additional median intraday return of -0.39%. Bad quarters rarely fix themselves between 4:00 PM and the morning open.

What the data showed

  • $CVV -17.86% CVD Equipment Corporation · closed red 54% · green 45% (n=4,108) mcap $46M · float 7M shares · sector: SPECIAL INDUSTRY MACHINERY, NEC
  • $ZUMZ -16.52% Zumiez Inc. · closed red 51% · green 48% (n=379) mcap $299M · float 16M shares · sector: RETAIL-APPAREL & ACCESSORY STORES
  • $PMTS -15.70% CPI Card Group Inc. · closed red 54% · green 45% (n=4,108) mcap $326M · sector: COMMERCIAL PRINTING
  • $PMAX -10.98% Powell Max Limited · closed red 53% · green 46% (n=5,069) mcap $4M · float 1M shares
  • $EDHL -10.19% Everbright Digital Holding Limited · closed red 53% · green 46% (n=5,069) mcap $4M · float 540,000 shares
  • $OPTT -10.13% Ocean Power Technologies, Inc. · closed red 53% · green 46% (n=7,993) mcap $44M · float 267M shares · sector: ELECTRIC SERVICES
  • $ATTT -9.63% Atlas Trinity Tech Limited
  • $SUNE -8.61% SUNation Energy Inc. mcap $15M · float 4M shares · sector: CONSTRUCTION - SPECIAL TRADE CONTRACTORS
  • $BSAC -8.51% Banco Santander-Chile mcap $14.0B · float 377M shares
  • $PDSB -8.02% PDS Biotechnology Corporation mcap $17M · float 55M shares · sector: PHARMACEUTICAL PREPARATIONS

Before you chase an evening gap or attempt to catch a falling earnings knife, pull the historical sample on FILTRIX.net to see the real win rate. Discipline > FOMO.

Find Your Edge on FILTRIX →