TearLab Corporation (TEAR)
TearLab Corporation Beneish M-Score: -2.030
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TEAR Beneish M-Score Rankings
| Overall | 15th percentile | 3177 of 3771 |
| Sector | 21st percentile | 269 of 343 in Healthcare |
| Industry | 14th percentile | 18 of 21 in Medical Laboratories & Research |
TEAR Beneish M-Score Range, Past 5 Years
| Minimum | -2.682 | Dec 2010 |
| Maximum | -2.030 | Dec 2011 |
| Average | -2.389 |
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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TEAR News
TearLab to Participate in the 9th Annual Craig-Hallum Institutional Investor Conference
May 24, 8:15AM GlobeNewswire
May 24, 8:15AM GlobeNewswire
Morning Movers 05/14: (GOLF) (VTUS) (KERX) Higher; (IOC) (ACOM) (ANIK) Lower
May 14, 10:07AM Street Insider
May 14, 10:07AM Street Insider
EBR: Watchlist/worksheet/4 Trading Ideas: $CLGX $CRI $SBUX $TEAR $GOOG http://stks.co/3iT9
about 25 days ago by TheEquitiesRoom
about 25 days ago by TheEquitiesRoom
TearLab Corporation to Release Q1 2012 Financial Results on May 14, 2012
May 03, 8:30PM GlobeNewswire
May 03, 8:30PM GlobeNewswire
Study on Potential Impact of Pre-Operative Osmolarity on LASIK Outcomes to be Presented at ARVO 2012
May 01, 9:00AM GlobeNewswire
May 01, 9:00AM GlobeNewswire
TearLab Corporation Prices $10.8 Million Public Offering of Common Stock
Apr 11, 7:45AM GlobeNewswire
Apr 11, 7:45AM GlobeNewswire
UPDATE: TearLab Corporation Announces Proposed Public Offering of Common Stock
Apr 10, 4:02PM Benzinga
Apr 10, 4:02PM Benzinga
$TEAR Downside Blowoff - 15 Minute Up Reversal - Green bar after 6 red bars
about 53 days ago by TradeIdeasQuant
about 53 days ago by TradeIdeasQuant
$tear huge run today.. great call by @szaman this morning right at the open in the 3.5s
about 57 days ago by kunal00
about 57 days ago by kunal00
3 Ripe High Tight Flags for Tuesday $BONT $TEAR $IMOS http://stks.co/3C3j http://chart.ly/9njgw5m
about 60 days ago by Woodshedder
about 60 days ago by Woodshedder
RT @Fibline: $TEAR Executive interview regarding their nice day today ~ http://stks.co/33ST
about 70 days ago by WallStJesus
about 70 days ago by WallStJesus
$TEAR looking for a bit of follow thru on Mon & will take some profits !
about 70 days ago by WallStJesus
about 70 days ago by WallStJesus
$TEAR Executive interview regarding their nice day today ~ http://stks.co/33Mo
about 70 days ago by Fibline
about 70 days ago by Fibline
TearLab Corporation to Release Q4 2011 Financial Results on March 22, 2012
Mar 08, 4:30PM GlobeNewswire
Mar 08, 4:30PM GlobeNewswire
TearLab (TEAR) Reports Center for Medicare and Medicaid Approves Reconsideration Request
Dec 13, 2:41PM Street Insider
Dec 13, 2:41PM Street Insider
TearLab to Present at the 23rd Annual Piper Jaffray Healthcare Conference
Nov 22, 10:30AM GlobeNewswire
Nov 22, 10:30AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TEAR | 3.02 | -0.22 | -6.79% | 66.16M |
| TEA | 13.04 | -0.24 | -1.81% | 508.76M |
| TE | 17.19 | -0.21 | -1.21% | 3.755B |
| TDY | 57.17 | -2.41 | -4.04% | 2.187B |
| TDW | 44.47 | -0.61 | -1.35% | 2.306B |
| TDS.S | 26.92 | +0.07 | +0.26% | |
| TDS | 19.44 | -0.41 | -2.07% | 2.153B |
| TDD | 21.62 | -0.01 | -0.05% | |
| TDC | 64.65 | -1.83 | -2.75% | 11.19B |
| TD | 73.86 | -2.51 | -3.29% | 68.96B |
