Empresa Distribuidora y Comercializadora Norte (EDN)
Empresa Distribuidora y Comercializadora Norte Beneish M-Score: -4.132
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EDN Beneish M-Score Rankings
| Overall | 98th percentile | 68 of 3761 |
| Sector | 98th percentile | 2 of 105 in Utilities |
| Industry | 96th percentile | 2 of 52 in Electric Utilities |
EDN Beneish M-Score Range, Past 5 Years
| Minimum | -4.132 | Dec 2011 |
| Maximum | -1.185 | Jun 2007 |
| Average | -2.894 |
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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EDN News
$EDN http://stks.co/3mTa No pudo con esa resistencia y cae con volumen
about 18 days ago by bloparand
about 18 days ago by bloparand
Empresa Distribuidora y Comercializadora Norte, China Finance Online: Biggest Price Decliners (EDN, JRJC)
Apr 17, 4:50PM The Wall Street Journal
Apr 17, 4:50PM The Wall Street Journal
It will be interesting to see what margins at $EDN will be like now that rates are going up after the government pulls all those subsidies.
about 143 days ago by bradloncar
about 143 days ago by bradloncar
Webcast Alert: EDENOR S.A. 1st Quarter 2011 Earnings Conference Call Webcast
May 12, 7:00AM PR Newswire
May 12, 7:00AM PR Newswire
Webcast Alert: EDENOR S.A. 1st Quarter 2011 Earnings Conference Call Webcast
May 10, 7:00AM PR Newswire
May 10, 7:00AM PR Newswire
Webcast Alert: EDENOR S.A. Third Quarter 2010 Earnings Conference Call Webcast
Nov 10, 7:00AM PR Newswire
Nov 10, 7:00AM PR Newswire
$PAM and $EDN - Something got into Argentinian Utility Stocks - wow
about 609 days ago by OptionRadar
about 609 days ago by OptionRadar
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EDN | 2.53 | +0.00 | +0.00% | 55.94M |
| EDMC | 8.87 | +0.76 | +9.37% | 1.118B |
| EDGW | 4.02 | -0.13 | -3.13% | 45.71M |
| EDGR | 1.07 | +0.00 | +0.00% | 37.69M |
| EBTX | 20.51 | +0.03 | +0.15% | 243.25M |
| EBS | 13.70 | -0.07 | -0.51% | 493.34M |
| EBR | 6.44 | +0.04 | +0.62% | 7.001B |
| EBR.B | 8.71 | +0.28 | +3.32% | 2.312B |
| EBIX | 17.93 | -0.04 | -0.22% | 653.37M |
| EPB | 33.20 | +0.83 | +2.56% | 6.829B |