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May 23rd, 2019
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  1. z0_1=indneutralize(rank(hump(ts_corr(ts_delta(current_ratio/liabilities,126),cash/capex,126),hump=0.05)),rank(cash/capex)*5);z1_1=indneutralize(delta(receivable/current_ratio,126)+zscore(receivable/current_ratio),rank(ebit)*10+0.5);z2_1=indneutralize(rank(hump(ts_corr(ts_delta(cashflow_fin/sga_expense,504),cash/capex,504),hump=0.05)),rank(cash/capex)*5);z3_1=indneutralize(rank(hump(ts_delta(log(abs(liabilities/bookvalue_ps)),126),hump=0.05)),rank(sales/assets)*5);z4_1=indneutralize(delta(sales/inventory_turnover,126)+zscore(sales/inventory_turnover),rank(ebit)*10+0.5);z5_1=ts_delta(ts_delta(log(income_tax_payable/liabilities_cur_oth),315),315);z5_2=indneutralize(z5_1,rank(cash)*10+0.5);z6_1=indneutralize(delta(debt_st/quick_ratio,252)+zscore(debt_st/quick_ratio),rank(ebit)*10+0.5);z7_1=indneutralize(delta(ppent/operating_margin,315)+zscore(ppent/operating_margin),rank(ebit)*10+0.5);z8_1=indneutralize(rank(hump(ts_delta(log(abs(equity/receivable)),252),hump=0.05)),rank(sales/assets)*5);z9_1=indneutralize(rank(hump(ts_co_skewness(inventory_turnover,eps,315),hump=0.05)),rank(sales/assets)*5);z10_1=indneutralize(rank(hump(ts_corr(ts_delta(cogs,504),cash/capex,504),hump=0.05)),rank(cash/capex)*5);z11_1=indneutralize(delta(assets_curr_oth/cogs,504)+zscore(assets_curr_oth/cogs),rank(ebit)*10+0.5);z12_1=ts_corr(retained_earnings/bookvalue_ps,cash/debt,160)/ts_max(retained_earnings/bookvalue_ps,160);z12_2=indneutralize(z12_1,rank(debt)*10+0.5);z13_1=indneutralize(rank(hump(ts_delta(log(abs(equity/assets_curr)),252),hump=0.05)),rank(sales/assets)*5);z14_1=indneutralize(rank(hump(ts_corr(ts_delta(liabilities/current_ratio,378),cash/capex,378),hump=0.05)),rank(cash/capex)*5);z15_1=ts_delta(ts_delta(log(inventory/liabilities_curr),378),378);z15_2=indneutralize(z15_1,rank(cash)*10+0.5);z16_1=indneutralize(rank(hump(ts_corr(ts_delta(cashflow_fin/liabilities_cur_oth,504),cash/capex,504),hump=0.05)),rank(cash/capex)*5);z17_1=indneutralize(delta(inventory_turnover/operating_income,504)+zscore(inventory_turnover/operating_income),rank(ebit)*10+0.5);z18_1=indneutralize(rank(hump(ts_corr(ts_delta(cash/eps,126),cash/capex,126),hump=0.05)),rank(cash/capex)*5);z19_1=ts_corr(return_equity/retained_earnings,cash/debt,160)/ts_max(return_equity/retained_earnings,160);z19_2=indneutralize(z19_1,rank(debt)*10+0.5);z0=scale(z0_1)+scale(-z1_1)+scale(-z2_1)+scale(z3_1)+scale(-z4_1)+scale(z5_2)+scale(-z6_1)+scale(-z7_1)+scale(-z8_1)+scale(-z9_1)+scale(-z10_1)+scale(z11_1)+scale(z12_2)+scale(-z13_1)+scale(-z14_1)+scale(-z15_2)+scale(-z16_1)+scale(z17_1)+scale(-z18_1)+scale(-z19_2);z0
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