First Trust Global Etf Beneish M Score

UIGB Etf   2,275  18.00  0.80%   
This module uses fundamental data of FIRST TRUST to approximate the value of its Beneish M Score. FIRST TRUST 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
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