Mitcham Industries (MIND)
Mitcham Industries Beneish M-Score: -2.272
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MIND Beneish M-Score Rankings
| Overall | 24th percentile | 2839 of 3770 |
| Sector | 23rd percentile | 602 of 782 in Services |
| Industry | 16th percentile | 15 of 18 in Rental & Leasing Services |
MIND Beneish M-Score Range, Past 5 Years
| Minimum | -3.363 | Jan 2011 |
| Maximum | -1.442 | Jul 2007 |
| Average | -2.751 |
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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MIND News
$MIND filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/42Nm
about 12 hours ago by MarketBrief
about 12 hours ago by MarketBrief
Mitcham Industries Announces Fiscal 2013 First Quarter Earnings Release And Conference Call Schedule
May 23, 4:15PM PR Newswire
May 23, 4:15PM PR Newswire
@61point8 what are your thoughts on $MIND price action today? dipped below 20 -
about 17 days ago by stocktherapy
about 17 days ago by stocktherapy
@61point8 as you expected $MIND bounced from low 20s again - I agree w/ your proj assuming $CL_F holds >$90
about 21 days ago by stocktherapy
about 21 days ago by stocktherapy
sold last of $MIND 25 calls at 60c, same as April 4, what a waste of a month
about 30 days ago by harmongreg
about 30 days ago by harmongreg
$MIND forms bullish "Continuation Diamond" chart pattern. http://stks.co/3OAb
about 43 days ago by RecogniaEvents
about 43 days ago by RecogniaEvents
$MIND had the bad fortune to smash earnings into a red day yesterday, showing accumulation today.
about 56 days ago by purecharger
about 56 days ago by purecharger
Schlumberger Ltd. and Mitcham Industries, Inc. Look to Benefit From Speedier Permit and Leasing Process
Apr 05, 8:20AM Marketwire
Apr 05, 8:20AM Marketwire
$MIND is -5.7% down since open on unusual high volume but still 1.6% up since close.
about 57 days ago by TradeBot
about 57 days ago by TradeBot
@harmongreg we got the move we wanted in $MIND ; pop then p/b. Now seems to like the $25 level, shocking. lol
about 57 days ago by 1nvestor
about 57 days ago by 1nvestor
Mitcham Industries to Present at the Pritchard Capital Partners - Energize 2012 Conference
Dec 19, 7:10AM PR Newswire
Dec 19, 7:10AM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MIND | 18.75 | -0.91 | -4.63% | 244.18M |
| MIN | 6.43 | +0.02 | +0.31% | |
| MIM | 32.50 | -0.46 | -1.40% | 1.546B |
| MEN | 11.78 | +0.02 | +0.17% | |
| MEMS | 2.25 | -0.04 | -1.75% | 54.94M |
| MELI | 73.80 | -0.33 | -0.45% | 3.272B |
| MELA | 2.55 | -0.06 | -2.30% | 79.14M |
| MEI | 7.45 | -0.13 | -1.72% | 280.61M |
| MEG | 3.49 | -0.17 | -4.64% | 85.42M |
| MEDW | 14.33 | -0.21 | -1.44% | 119.08M |
