Celanese Corporation (CE)
Celanese Corporation Beneish M-Score: -2.471
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CE Beneish M-Score Rankings
| Overall | 38th percentile | 2314 of 3761 |
| Sector | 48th percentile | 201 of 393 in Basic Materials |
| Industry | 50th percentile | 7 of 14 in Chemicals - Major Diversified |
CE Beneish M-Score Range, Past 5 Years
| Minimum | -2.809 | Dec 2008 |
| Maximum | -2.321 | Dec 2009 |
| Average | -2.547 |
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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CE News
$CE 21/50 cross over always strong signal for continuation of trend. Break below 39.50 will signal Oct low next support.
about 7 days ago by woowtrading
about 7 days ago by woowtrading
Celanese Announces Emulsions Price Increase in Europe, the Middle East and Africa
May 10, 5:00PM Business Wire
May 10, 5:00PM Business Wire
Listen to $CE Q1 2012 earnings call - live at 10:00 AM, ondemand after - http://stks.co/3Tpf
about 34 days ago by earningscast
about 34 days ago by earningscast
Celanese Gives Shareholders a 20%+ Raise For Third Straight Year: http://stks.co/3TFo $CE
about 34 days ago by DynamicDividend
about 34 days ago by DynamicDividend
$CE $48 given the market nice bounce off double bottom @$42 into e/r tues am
about 35 days ago by ronin245
about 35 days ago by ronin245
$CE forms bullish "Symmetrical Continuation Triangle" chart pattern. http://stks.co/3Ke8
about 45 days ago by RecogniaEvents
about 45 days ago by RecogniaEvents
$CE forms bullish "Double Bottom" chart pattern. http://stks.co/3Ke6
about 45 days ago by RecogniaEvents
about 45 days ago by RecogniaEvents
$CE Insider Sale: $3.9M of stock sold by Steven Sterin (Svp & Cfo) on February 16, 2012 http://stks.co/2T7o
about 100 days ago by MarketBrief
about 100 days ago by MarketBrief
$CE Insider Sale: $5.1M of stock sold by Doug Madden (Chief Operating Officer) on February 3, 2012 http://stks.co/2IEv
about 110 days ago by MarketBrief
about 110 days ago by MarketBrief
Huntsman, Celanese Seen as Cheap Takeovers - Bloomberg http://stks.co/2BpL $HUN $CE
about 117 days ago by sld1986
about 117 days ago by sld1986
$CE http://stks.co/2BoL on watch list volume 19% and nearing top line again - worth watching
about 117 days ago by StockTiger
about 117 days ago by StockTiger
Listen to $CE Q4 2011 earnings call (EPS 0.61 vs est 0.62) - live at 10:00 AM, ondemand after - http://stks.co/2AUy
about 118 days ago by earningscast
about 118 days ago by earningscast
$CE has run up into earnings, beats by .02c - now it can prep for a nice B/O over 50
about 118 days ago by 1nvestor
about 118 days ago by 1nvestor
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CE | 40.78 | -0.03 | -0.07% | 6.395B |
| CDZI | 7.89 | -0.21 | -2.59% | 121.82M |
| CDY | 0.7099 | -0.00 | -0.01% | 65.15M |
| CDXS | 3.39 | +0.05 | +1.50% | 122.38M |
| CDTI | 2.63 | +0.22 | +9.13% | 18.99M |
| CCOI | 17.81 | +0.40 | +2.30% | 818.19M |
| CCO | 6.51 | -0.08 | -1.21% | 2.318B |
| CCNE | 14.82 | -0.07 | -0.47% | 184.06M |
| CCMP | 32.38 | +0.07 | +0.22% | 738.26M |
| CCM | 3.25 | -0.23 | -6.61% | 154.21M |