Toronto-Dominion Bank (TD)
Toronto-Dominion Bank Beneish M-Score: -3.156
View TD Beneish M-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
TD Beneish M-Score Rankings
| Overall | 78th percentile | 793 of 3771 |
| Sector | 34th percentile | 442 of 676 in Financial |
| Industry | 19th percentile | 17 of 21 in Money Center Banks |
TD Beneish M-Score Range, Past 5 Years
| Minimum | -3.982 | Oct 2009 |
| Maximum | -2.946 | Jul 2007 |
| Average | -3.402 |
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
You may also be interested in these TD related companies
TD News
TD Economics Forecasts Strength in U.S. Multifamily Housing Construction Over the Next Five Years
May 29, 11:57AM PR Newswire
May 29, 11:57AM PR Newswire
Barclays Maintains an 'Overweight' on TD Bank Financial (TD); Strongest on Both Sides of the Boarder
May 25, 1:31PM Street Insider
May 25, 1:31PM Street Insider
RT @michaelbabad Why David Rosenberg is keen on Canada's banks http://stks.co/3zTn $NA.CA $RY $RY.CA $TD $BMO $BMO.CA $CM $CM.CA $BNS
about 8 days ago by eyeonequities
about 8 days ago by eyeonequities
$TD Mentioned more than normal on StockTwits - Currently at 15 x average daily social activity
about 8 days ago by TradeIdeasQuant
about 8 days ago by TradeIdeasQuant
Top business news so far http://stks.co/3yIj $RY $RY.CA $TD $TD.CA #eurozone #greece
about 9 days ago by michaelbabad
about 9 days ago by michaelbabad
Where things stand before North American #markets open http://stks.co/3y8K $RY $RY.CA $TD $TD.CA #eurozone #greece
about 9 days ago by michaelbabad
about 9 days ago by michaelbabad
Toronto-Dominion Bank posts higher profit. Globe and Mail's Tara Perkins reports. http://stks.co/3y4Q $TD $TD.CA
about 9 days ago by michaelbabad
about 9 days ago by michaelbabad
RT @ScottAdams_Edit Canadian banks: Don't rush to buy them http://stks.co/3xRw $BMO.CA $CM.CA $RY.CA $TD.CA $BNS.CA $BMO $CM $TD $RY $BNS
about 9 days ago by eyeonequities
about 9 days ago by eyeonequities
RT @Higreg $RY..$TD... When us banks in trouble...look towards Canadian banks for financials
about 22 days ago by tsxstocks
about 22 days ago by tsxstocks
Canadian Banks Some of the Strongest in the World According to Recent Rankings
May 11, 8:20AM Marketwire
May 11, 8:20AM Marketwire
RT @Iamfree4Lunch Canadians Dominate World’s 10 Strongest Banks http://stks.co/3eSO via @BloombergMrkts $FXC; $CM; $TD; $RY; $BNS; $BMO
about 30 days ago by tsxstocks
about 30 days ago by tsxstocks
TD Bank Kicks Off May Campaign to Discuss Borrowing Needs with 30,000 Small Businesses
May 01, 2:38PM PR Newswire
May 01, 2:38PM PR Newswire
$AF call gets ugly w investor demanding bd consider a sale - with TBV ~11.20, both $TD and $PBCT interested, I'd say $AF now a buy on deal
about 44 days ago by sherowcap
about 44 days ago by sherowcap
Goldman hikes target on Apple $AAPL, UBS upbeat on $TD $TD.CA, and the rest of today's notable analyst actions http://stks.co/3OpJ
about 44 days ago by eyeonequities
about 44 days ago by eyeonequities
$TD forms bullish "Symmetrical Continuation Triangle" chart pattern. http://stks.co/3O9v
about 45 days ago by RecogniaEvents
about 45 days ago by RecogniaEvents
great portfolio RT @conservativeinvestor My current holdings. $TD $ATD.B REF.UN $T $CNR $ENB $GWO
about 49 days ago by tsxsmallcaps
about 49 days ago by tsxsmallcaps
Whats next $CSTR? 1) $VZ $CSTR Redbox streaming 2) Analyst upgrades 3) Short squeeze 4) Redbox- $TD Expansion in Canada 4) World expansion
about 50 days ago by divtastic
about 50 days ago by divtastic
$RY,$CY,$BNS,$TD,$BMO At Canada banks, mediocre returns are still enough for a big exec payday http://stks.co/3Bni
about 60 days ago by eyeonequities
about 60 days ago by eyeonequities
Today's top business news http://stks.co/38y7 $RIMM $RIM.CA $AAPL $GOOG $IBM $TD $TD.CA #cdnecon #cdnpoli #blackberry
about 64 days ago by michaelbabad
about 64 days ago by michaelbabad
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TD | 73.85 | -2.52 | -3.30% | 68.96B |
| TCX | 1.33 | -0.07 | -5.00% | 64.67M |
| TCRD | 12.33 | -0.35 | -2.76% | 256.39M |
| TCP | 40.78 | -0.22 | -0.54% | 2.192B |
| TCO | 71.24 | -1.76 | -2.41% | 4.238B |
| TCL | 7.66 | +0.06 | +0.79% | 1.083B |
| TCK | 29.56 | -0.25 | -0.84% | 17.19B |
| TCI | 2.840 | +0.00 | +0.00% | 23.88M |
| TCHC | 3.91 | -0.22 | -5.33% | 32.83M |
| TCBK | 14.90 | -0.45 | -2.93% | 245.29M |
