First Acceptance Corporation (FAC)
First Acceptance Corporation Beneish M-Score: -1.973
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FAC Beneish M-Score Rankings
| Overall | 14th percentile | 3218 of 3761 |
| Sector | 6th percentile | 634 of 675 in Financial |
| Industry | 19th percentile | 21 of 26 in Property & Casualty Insurance |
FAC Beneish M-Score Range, Past 5 Years
| Minimum | -4.261 | Jun 2009 |
| Maximum | -0.4724 | Jun 2007 |
| Average | -2.412 |
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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FAC News
First Acceptance Corporation Reports Operating Results for the Three Month Period Ended March 31, 2012
May 07, 4:07PM Thomson Reuters ONE
May 07, 4:07PM Thomson Reuters ONE
First Acceptance Corporation Reports Operating Results for the Three and Six Month Periods ended December 31, 2011
Feb 29, 4:06PM Thomson Reuters ONE
Feb 29, 4:06PM Thomson Reuters ONE
First Acceptance Corporation Reports Operating Results for the Quarter Ended September 30,2011
Nov 07, 4:05PM Thomson Reuters ONE
Nov 07, 4:05PM Thomson Reuters ONE
First Acceptance Corporation Reports Operating Results for the Quarter and Fiscal Year Ended June 30,2011
Aug 31, 5:05PM Thomson Reuters ONE
Aug 31, 5:05PM Thomson Reuters ONE
@CarlHeppenstall scalping I'm doing well, swing trades not so well $BAC $FAC $FAZ
about 1196 days ago by bluewaterpro
about 1196 days ago by bluewaterpro
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FAC | 1.43 | +0.00 | +0.00% | 58.52M |
| F | 10.84 | +0.24 | +2.31% | 40.29B |
| EZY | 42.07 | +0.14 | +0.33% | |
| EZPW | 24.67 | +0.59 | +2.45% | 1.142B |
| EZM | 55.99 | +0.50 | +0.90% | |
| EZCH | 37.45 | +0.38 | +1.03% | 1.003B |
| EZA | 63.20 | +1.21 | +1.95% | |
| EXXI | 31.80 | +1.19 | +3.89% | 2.342B |
| EXTR | 3.72 | +0.14 | +3.91% | 335.66M |
| EWK | 11.08 | +0.03 | +0.27% |
