Sbf 120 Gross Index Beneish M Score

PX4GR Index   15,227  106.37  0.70%   
This module uses fundamental data of SBF 120 to approximate the value of its Beneish M Score. SBF 120 M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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