← beneish_m_score_high (all sectors) · all signals in Transportation, Communications, Utilities
beneish_m_score_high in Transportation, Communications, Utilities
Beneish 5-factor M-Score above the manipulator threshold (-1.78). Composite of DSO, gross margin, asset quality, sales growth, depreciation.
Calibration in this sector (20d horizon)
| n events | 62 |
|---|---|
| Mean return | +0.36% |
| Median | -3.78% |
| Stdev | 22.26% |
| Hit rate | 40.3% |
| r/σ | +0.02 |
Top 5 sectors for beneish_m_score_high by |r/σ|
| Sector | n | Mean 20d | r/σ |
|---|---|---|---|
| Mining + Construction | 101 | -2.86% | -0.14 |
| Wholesale + Retail Trade | 378 | +4.63% | +0.11 |
| Services (health + legal + edu) | 77 | +1.44% | +0.06 |
| Manufacturing (heavy) | 1,341 | -1.11% | -0.06 |
| Services (business + personal) | 392 | +18.79% | +0.05 |
For full multi-horizon and net-of-cost calibration, see the unfiltered beneish_m_score_high methodology page.