International Business Machines Corporation (IBM)
International Business Machines Corporation Beneish M-Score: -2.392
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IBM Beneish M-Score Rankings
| Overall | 32nd percentile | 2544 of 3761 |
| Sector | 34th percentile | 515 of 781 in Technology |
| Industry | 19th percentile | 4 of 5 in Diversified Computer Systems |
IBM Beneish M-Score Range, Past 5 Years
| Minimum | -2.957 | Jun 2007 |
| Maximum | -2.392 | Dec 2011 |
| Average | -2.690 |
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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IBM News
$IBM though sellers in control since the sell signal on 5/4, bulls have shown some sign of fight today. Keep the good wok.
about 5 hours ago by woowtrading
about 5 hours ago by woowtrading
The decimation of $RIMM $DELL $HPQ and others just highlights how amazing $IBM is and how hard it is to have the balls to say we're done
about 10 hours ago by ldrogen
about 10 hours ago by ldrogen
International Business Machines Corp (IBM): Today's Featured Technology Winner
May 29, 5:00PM TheStreet
May 29, 5:00PM TheStreet
Tech is the New Value: Cash Piles and Rising Dividends – Forget Buffett’s Fears http://stks.co/416g $AAPL $MSFT $GOOG $INTC $CSCO $IBM $PG
about 13 hours ago by ycharts
about 13 hours ago by ycharts
Why $XRX should recap now and start paying a 9%+ dividend http://stks.co/4162 $CAJ $HPQ $ACN $IBM $DELL $AON
about 13 hours ago by SumZero
about 13 hours ago by SumZero
$DIA Dow too easily manipulated that's for sure thanks to $IBM.Almost too easy a trade getting behind some size.TRIN still low for now $SPY
about 15 hours ago by Stevez1
about 15 hours ago by Stevez1
Still total nonsense $IBM gaps almost 3 points without a buyer to be seen of any size. $SPY Not sure how long rally lasts.
about 17 hours ago by Stevez1
about 17 hours ago by Stevez1
New Post: Has FaceBook topped? http://stks.co/40Gb $FB $AAPL $RIMM $GOOG $NOK $DELL $HPQ $IBM
about 2 days ago by TrendRida
about 2 days ago by TrendRida
RT @DeidreZune Greek Pro-Bailout Parties Gain Amid Warnings of Euro Collapse http://stks.co/408l $SPY $IBM $PCLN $AAPL $FXE
about 2 days ago by DeidreZune
about 2 days ago by DeidreZune
$IBM http://stks.co/405F AAPL potential Three Peaks and the Domed House
about 2 days ago by Marketcycles79
about 2 days ago by Marketcycles79
Europe continues to fight the wrong battle, and continues to spread contagion risk. http://stks.co/3zxh $SPY $PCLN $IBM $QQQ $AAPL $FXE
about 3 days ago by DeidreZune
about 3 days ago by DeidreZune
Calling bluffs in the eurozone crisis http://stks.co/3zwO $SPY $QQQ $EWG $PCLN $IBM $AAPL
about 3 days ago by DeidreZune
about 3 days ago by DeidreZune
RT @61point8 Here's the chart of $IBM via StockTwits. A cleaner interface. http://stks.co/3zv0
about 3 days ago by chartly
about 3 days ago by chartly
Here's the chart of $IBM via StockTwits. A cleaner interface. http://chart.ly/acql3gc
about 3 days ago by 61point8
about 3 days ago by 61point8
@kobesarmy The question is ... how much is the down hill and how the risk reward changes below 190 for $IBM
about 4 days ago by microurja
about 4 days ago by microurja
Barclays U.S. IT Hardware: Day 2 - Cautious on Europe, But Positive Long-Term
May 24, 3:45PM Street Insider
May 24, 3:45PM Street Insider
IBM (IBM) Bans One of Apple's (AAPL) Most Popular Features on Its Network. Here's Why...
May 23, 8:37AM Street Insider
May 23, 8:37AM Street Insider
Streetinsider.com's Hot Lunchtime Reads 05/21: (AAPL) (FB) (LVS) (AFFY) (GDP)
May 21, 12:35PM Street Insider
May 21, 12:35PM Street Insider
IT Outsourcing Revs Rose 7.8% in 2011, IBM Continues to Dominate - Gartner
May 21, 11:24AM Street Insider
May 21, 11:24AM Street Insider
International Business Machines, Precision Castparts: Money Flow Leaders (IBM, PCP)
May 17, 5:04PM The Wall Street Journal
May 17, 5:04PM The Wall Street Journal
First Academic Case Competition Proposes Novel Ways to Put IBM Watson to Work
May 17, 4:42PM PR Newswire
May 17, 4:42PM PR Newswire
IBM Expands Global Cloud Capabilities with Advanced SmartCloud Services and New Customer Adoption
May 17, 12:23AM PR Newswire
May 17, 12:23AM PR Newswire
IBM Collaborates with Colleagues In Care to Empower Medical Workers in Haiti
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IBM Teams Up With Thai Red Cross AIDS Research Center to Reduce New HIV Infections to Zero
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Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| IBM | 196.46 | +2.16 | +1.11% | 225.13B |
| IBKR | 14.43 | +0.05 | +0.35% | 655.44M |
| IBKC | 49.38 | +0.54 | +1.11% | 1.436B |
| IBI | 25.08 | +7.14 | +39.80% | 566.90M |
| IACI | 45.83 | +1.10 | +2.46% | 3.635B |
| HZO | 10.00 | +0.54 | +5.71% | 221.65M |
| HYGS | 5.60 | +0.00 | +0.00% | 37.02M |
| HYG | 89.11 | +0.97 | +1.10% | |
| HYB | 10.57 | +0.00 | +0.00% | |
| HXM | 13.92 | +0.30 | +2.20% | 761.90M |