DRDGOLD (DROOY)
DRDGOLD Beneish M-Score
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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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DROOY News
3 breakouts. $XRA (200-day MA), $DROOY (base). One $1-2. Strong recovery end-of-day didn't do enough to broaden number of breaking stocks
about 265 days ago by fallondpicks
about 265 days ago by fallondpicks
long $DROOY above 6. like fundamentals. chart can be ugly sometimes
about 397 days ago by LitheLyricist
about 397 days ago by LitheLyricist
got worked on $DROOY. took loss at 4.70. gold/silver trying to break their uptrends
about 508 days ago by LitheLyricist
about 508 days ago by LitheLyricist
loaded up $DROOY at $5 swing long. lots of gold/silver juniors been running. $CDY, for example, which I didn't buy enuf in 1.70s.
about 512 days ago by LitheLyricist
about 512 days ago by LitheLyricist
$DROOY - P/E of 5 - trades less than book value - technically....LT Buy
about 546 days ago by polluxtechnical
about 546 days ago by polluxtechnical
$drooy - P/E of 5 - trades less than book value - technically....LT Buy
about 546 days ago by polluxtechnical
about 546 days ago by polluxtechnical
$DROOY watching for a break of 7.25, NXG PCU other metals. General bullish charts for today CLDX SPAR CAST RDN LAD SYMC MPEL
about 875 days ago by Assailed
about 875 days ago by Assailed
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| DROOY | 6.15 | +0.02 | +0.33% | |
| DRN | 64.30 | -0.85 | -1.30% | |
| DRL | 1.45 | -0.04 | -2.68% | 186.04M |
| DRIV | 14.57 | +0.23 | +1.60% | 518.40M |
| DRI | 53.06 | -0.18 | -0.34% | 6.815B |
| DRH | 9.85 | -0.01 | -0.10% | 1.661B |
| DK | 16.91 | +0.47 | +2.86% | 983.49M |
| DJCO | 85.00 | +0.00 | +0.00% | 117.30M |
| DITC | 0.8102 | -0.08 | -8.96% | 21.67M |
| DIT | 59.00 | +0.00 | +0.00% | 37.17M |
