Authentidate (ADAT)
Authentidate Beneish M-Score: -3.262
View ADAT Beneish M-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
ADAT Beneish M-Score Rankings
| Overall | 81st percentile | 698 of 3761 |
| Sector | 89th percentile | 83 of 781 in Technology |
| Industry | 83rd percentile | 2 of 12 in Healthcare Information Services |
ADAT Beneish M-Score Range, Past 5 Years
| Minimum | -3.262 | Jun 2011 |
| Maximum | -0.9636 | Jun 2007 |
| Average | -2.342 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
You may also be interested in these ADAT related companies
ADAT News
$ADAT filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3vMS
about 6 days ago by MarketBrief
about 6 days ago by MarketBrief
The Department of Veterans Affairs Extends Authentidate's Home Telehealth Devices and Services Contract Period
Apr 23, 9:00AM GlobeNewswire
Apr 23, 9:00AM GlobeNewswire
$ADAT filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2pXv
about 74 days ago by MarketBrief
about 74 days ago by MarketBrief
Meadville Medical Center Selects Authentidate's Electronic House Call for a Chronic Disease Management Program
Jan 19, 9:00AM GlobeNewswire
Jan 19, 9:00AM GlobeNewswire
$ADAT Insider Buy: $104K of stock bought between December 20, 2011 - January 3, 2012 http://stks.co/1m6I
about 143 days ago by MarketBrief
about 143 days ago by MarketBrief
$ADAT Insider Buy: $109K of stock bought between December 14, 2011 - December 19, 2011 http://stks.co/1cwv
about 159 days ago by MarketBrief
about 159 days ago by MarketBrief
$ADAT Insider Buy: $229K of stock bought between November 25, 2011 - December 13, 2011 http://stks.co/1YD3
about 164 days ago by MarketBrief
about 164 days ago by MarketBrief
Authentidate Signs Non-Exclusive National Reseller Agreement With SHI International Corp.
Nov 29, 9:02AM Benzinga
Nov 29, 9:02AM Benzinga
Authentidate announces ExpressMD Solutions is now a wholly-owned subsidiary
Nov 28, 9:17AM FlyOnTheWall
Nov 28, 9:17AM FlyOnTheWall
Authentidate Announces That ExpressMD Solutions, LLC is Now a Wholly-Owned Subsidiary
Nov 28, 9:00AM GlobeNewswire
Nov 28, 9:00AM GlobeNewswire
$ADAT filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1F7U
about 186 days ago by MarketBrief
about 186 days ago by MarketBrief
Authentidate Holding Corp. Reports Fiscal 2012 First Quarter Financial Results
Nov 10, 4:01PM GlobeNewswire
Nov 10, 4:01PM GlobeNewswire
Authentidate Holding Corp. Reports Fiscal 2011 Fourth Quarter and Year End Results
Oct 13, 4:01PM GlobeNewswire
Oct 13, 4:01PM GlobeNewswire
$ADAT Insider Buy: $1.2M of stock bought by Lazarus Investment Partners Lllp between October 7, 2011 - October 12, 2011 http://stks.co/bCR
about 227 days ago by MarketBrief
about 227 days ago by MarketBrief
Authentidate Holding Corp. Announces Registered Direct Offering of Approximately $4.1 Million
Oct 07, 9:28AM Benzinga
Oct 07, 9:28AM Benzinga
URGENT: $ADAT filed to delay releasing annual earnings results (SEC Filing Form NT 10K) http://stks.co/PPU
about 241 days ago by MarketBrief
about 241 days ago by MarketBrief
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ADAT | 0.70 | -0.03 | -3.89% | 37.66M |
| ACY | 11.95 | -0.80 | -6.27% | 18.40M |
| ACXM | 13.97 | +0.69 | +5.20% | 1.092B |
| ACWX | 35.79 | -0.08 | -0.22% | |
| ACW | 5.92 | +0.05 | +0.85% | 280.13M |
| ACUR | 3.05 | +0.28 | +10.11% | 139.87M |
| ACU | 10.66 | +0.45 | +4.41% | 33.05M |
| ACTV | 13.88 | +0.08 | +0.58% | 802.54M |
| ACTS | 1.66 | +0.01 | +0.61% | 115.67M |
| ACTG | 35.13 | -0.14 | -0.40% | 1.744B |
