Ashland (ASH)
Ashland Beneish M-Score: -2.250
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ASH Beneish M-Score Rankings
| Overall | 23rd percentile | 2873 of 3761 |
| Sector | 32nd percentile | 266 of 393 in Basic Materials |
| Industry | 14th percentile | 12 of 14 in Chemicals - Major Diversified |
ASH Beneish M-Score Range, Past 5 Years
| Minimum | -2.915 | Sep 2009 |
| Maximum | -2.242 | Sep 2007 |
| Average | -2.599 |
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
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ASH News
$ASH trying 2 b/out for the 2nd time this wk. Traders have not been rewarded for buying strength (breakouts) this week. Lack of conviction.
about 16 days ago by hertcapital
about 16 days ago by hertcapital
Stopped out $BEAM at $58.20 for -1 closed $ASH at 67.25. Small + but don't think we're out of dodge yet. Look to re-enter on dip or gd close
about 18 days ago by Val_U_Investor
about 18 days ago by Val_U_Investor
RT @OptionsHawk $ASH above $67 here, been holding up well and trying to breakout
about 18 days ago by hertcapital
about 18 days ago by hertcapital
Listen to $ASH Q2 2012 earnings call - live at 09:00 AM, ondemand after - http://stks.co/3Tj2
about 33 days ago by earningscast
about 33 days ago by earningscast
Ashland Inc. reports preliminary financial results for second quarter of fiscal 2012
Apr 24, 6:02AM Thomson Reuters ONE
Apr 24, 6:02AM Thomson Reuters ONE
@OptionsHawk which would be your preferred play on the strength of the coatings markets $EMN $APD $ASH. Also any thoughts on $KRO (paints)
about 38 days ago by sld1986
about 38 days ago by sld1986
Ashland Inc. second-quarter earnings webcast set for 9 a.m. EDT, April 24
Apr 12, 6:11PM JCN Newswire
Apr 12, 6:11PM JCN Newswire
Pep Boys and Valvoline Join Forces to Help Consumers Close the Loop with Valvoline NextGen™ Motor Oil
Apr 09, 9:00AM PR Newswire
Apr 09, 9:00AM PR Newswire
The Oxen Group placed clients long in $ASH by selling $60 puts for May18 in our Earnings Portfolio for potential 33% gain!
about 54 days ago by TheOxenGroup
about 54 days ago by TheOxenGroup
Nice cup and handle setup in $ASH. Very similar structure to $EMN... http://chart.ly/4l8drb8
about 71 days ago by cupandhandle69
about 71 days ago by cupandhandle69
NEW POST: "Sizing Up This Sector Next in Battle" http://stks.co/2uza $ASH $DD $DOW $EMN $HUN $ROC $XLB
about 71 days ago by chessNwine
about 71 days ago by chessNwine
$ASH http://stks.co/2tra Nice move y'day, seasonally strong in Mar/Apr along w/the industry
about 72 days ago by redman59
about 72 days ago by redman59
$ASH http://stks.co/2jft Go baby go.. chemicals leading the way today...
about 80 days ago by Xiphos_Trading
about 80 days ago by Xiphos_Trading
Textbook handle on soft volume here in this cup base. Trigger 66.35 $ASH http://chart.ly/b68ldjg
about 102 days ago by chartsmart
about 102 days ago by chartsmart
Looking for Daily Buys in $CSCO over 20.10 - stop at 19.70 & $ASH over 65 - stop at 63.50 still in $GILD with stop at 53.40
about 103 days ago by Marketsquawk
about 103 days ago by Marketsquawk
Chemicals maintaining their mojo. Cup base trigger here of 66.46 $ASH http://chart.ly/i4ff77q
about 113 days ago by chartsmarter
about 113 days ago by chartsmarter
Weekly. Closed near the high for the week, at the upper BB. $ASH http://chart.ly/kwpm7kv
about 119 days ago by 1nvestor
about 119 days ago by 1nvestor
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ASH | 64.40 | -0.81 | -1.24% | 5.043B |
| ASG | 4.00 | -0.01 | -0.25% | |
| ASFI | 8.96 | +0.08 | +0.90% | 131.17M |
| ASEI | 49.46 | +1.29 | +2.68% | 441.18M |
| APOG | 14.97 | -0.02 | -0.13% | 419.46M |
| APL | 31.77 | +0.17 | +0.54% | 1.704B |
| APKT | 23.24 | +0.28 | +1.22% | 1.584B |
| API | 0.657 | +0.02 | +2.66% | 20.35M |
| APH | 53.22 | -0.04 | -0.08% | 8.692B |
| APFC | 8.42 | +0.12 | +1.45% | 64.08M |
