On this page of Benford's Law Stocks.com we present our study of UNIVERSAL STAINLESS & ALLOY PRODUCTS INC — ticker symbol USAP. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/19/2020 to 10/30/2024 for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC under CIK number 0000931584. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for USAP, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for UNIVERSAL STAINLESS & ALLOY PRODUCTS INC based on the past USAP filings our system processed in the past.
34.2
20.5
9.1
5.1
6.0
6.0
3.5
3.7
11.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, USAP stockholder letter ]
Total numbers found: 430
Recent share count: 9,237,953 (9's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
430
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
47

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was above the company's typical historical range.
 • We deducted point upon observing the 3's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was below the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 8's percentage was below the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was below the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 9, we canceled the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
USAP
Low score compared to other filers, falling in the bottom quartile.
IMVT
SCWX
GXLM
CRDF
OLLI
SPT
VCEL
NINE
Check our work! We provide our UNIVERSAL STAINLESS & ALLOY PRODUCTS INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the USAP filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 147 numbers that start with the digit 1. Here they are:
1,980,000
1,980,000
1
1
189,974
177,732
10,859
19,479
13,025
1,789
13,478
11,052
1,930
1.19
1.11
11,052
1,930
109
109
161
10,943
1
146,929
144,700
11,893
11,693
195,821
157,548
159,636
1,836
1,233
1,755
118,255
130,648
101,856
185
123
151,573
127,519
15,445
14,331
1,551
1,008
14,267
1,906
1,371
1,909
17,846
14,410
14,410
14,275
1,668
15,388
10,032
1,842
1
177
127,519
123
131,656
15,572
10,677
16
16
100,031
140,521
1,248
1,248
109
109
11,052
11,052
101,856
151,573
185
122,609
133
10,920
146
146
122,097
13
10,280
1,250
11
11
15,172
124
124
122,992
137
109
109
1,930
1,930
124,922
11,052
1,930
1.19
1.11
118,370
162,070
19.92
181,003
155,588
16,476
1,715
1.4
1.3
18,876
15,124
109,034
117,039
15,967
149,194
148,130
146,929
144,700
19
1,841
1,714
1,570
1,114
1
1,216
1,385
1
11.2
10.0
1,362
1,539
1,095
105.0
15.0
1
11.0
1.1
100
1,000
19.9
11.9
1
18.7
15.3
18.0
13.5
1
We found 88 numbers that start with the digit 2. Here they are:
20,000,000
20,000,000
2
247,646
206,163
21,992
28,431
24,540
2,138
2,242
2,206
2,230
29,598
2,732
2,426
24,054
2,313
21
2.61
26
20
2.45
25
24,054
2,313
2,039
23,992
2,152
212,124
2
28
2,891
253,253
226,042
24,054
2,313
2,292
2,159
2,329
29,405
2,781
2,660
2,019
226,042
230,730
255
255
21,897
240,485
253,253
219,753
219,456
220,613
28
222,995
24,054
2,313
221,056
21
2.61
26
20
2.45
25
279,170
221,674
29.74
22.11
2.0
23,682
2,153
247,646
206,163
21,284
2,265
29
21
2
29
2
2
2
25
2.8
2.8
21.0
2
2
We found 39 numbers that start with the digit 3. Here they are:
34
34
33,132
300
394
39,034
371,508
356,690
35,038
34,855
3,795
3,733
371,508
356,690
3,673
393
394
31
31
361
361
311
311
336
336
340,044
364,215
308,576
305,080
3.4
3.2
3.8
3,577
3,430
3,795
3,733
356
3.5
3
4's 5's 6's
We found 22 numbers that start with the digit 4. Here they are:
4,410
42
419
48,451
45,909
4,309
4,331
4,500
454
454
4,137
4,137
419,550
46,998
403
4
488
41
4,126
4
4.7
4.8
We found 26 numbers that start with the digit 5. Here they are:
57,672
5,740
5
5,544
53,301
564
520
520
577
577
512
512
584,250
58,986
5,000
532,150
53,092
5
5,511
5.5
5.2
54,709
5,511
50.3
5
5
We found 26 numbers that start with the digit 6. Here they are:
65,258
60,424
6,449
6,215
62
6,492
65,467
6,024
66
66
69,597
64
64
6
672,791
63,165
64,490
6,727
6
6.5
68,984
6,508
69,618
65,467
6.7
6
7's 8's 9's
We found 15 numbers that start with the digit 7. Here they are:
71,283
7,863
743
7,454
76
7
7
7.3
71,283
71
70
7.0
7.0
7.5
7
We found 16 numbers that start with the digit 8. Here they are:
87,250
8,967
8,952
829
81,846
82
8,865
8,865
895
895
875
8.5
87,250
8,036
86,674
81,846
We found 51 numbers that start with the digit 9. Here they are:
9,307,550
9,185,307
9,310,069
9,269,811
9,087,465
9,224,176
9,069,926
9,942,602
9,427,509
9,808,426
9,290,982
9
9
98,637
979
9,656
9,656
9,185,307
9
98,637
9,189,807
9
99,157
92
99
99
9,237,953
9
9,307,550
9
9,049,748
9
97,002
9,060,668
9
97,363
9,087,370
9
97,749
9,088,245
9
98,092
9,269,811
9,087,465
9,224,176
9,069,926
9,942,602
9,427,509
9,808,426
9,290,982
9,643
While the above USAP 10Q Filed 10/30/2024 is interesting in isolation, we have found that it is also useful to take a look at older UNIVERSAL STAINLESS & ALLOY PRODUCTS INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 10/30/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical USAP 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

34.2
20.5
9.1
5.1
6.0
6.0
3.5
3.7
11.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 430

= Typical USAP range from 2/19/2020 to 10/30/2024
34.1
16.4
11.8
6.4
5.8
3.7
4.9
9.0
7.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 62
XBRL?   [ original filing ]
Total numbers found: 566

= Typical USAP range from 2/19/2020 to 10/30/2024
37.5
10.5
10.9
8.2
6.0
7.1
5.2
3.4
11.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 50
XBRL?   [ original filing ]
Total numbers found: 267

= Typical USAP range from 2/19/2020 to 10/30/2024
27.8
18.3
12.0
5.2
6.3
4.9
6.5
11.2
7.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 40
XBRL?   [ original filing ]
Total numbers found: 367

= Typical USAP range from 2/19/2020 to 10/30/2024
32.2
15.8
9.4
5.5
4.4
3.9
6.8
12.5
9.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 26
XBRL?   [ original filing ]
Total numbers found: 385

= Typical USAP range from 2/19/2020 to 10/30/2024
34.9
21.4
9.3
7.5
6.0
3.0
5.5
7.5
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 599

= Typical USAP range from 2/19/2020 to 10/30/2024
36.8
15.4
8.5
7.6
7.9
5.6
4.7
6.2
7.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 720

= Typical USAP range from 2/19/2020 to 10/30/2024
35.8
12.4
11.1
6.7
5.4
5.4
3.6
5.4
14.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 57
XBRL?   [ original filing ]
Total numbers found: 388

= Typical USAP range from 2/19/2020 to 10/30/2024
39.0
15.6
9.7
6.4
3.6
4.3
4.1
6.4
11.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 54
XBRL?   [ original filing ]
Total numbers found: 392

= Typical USAP range from 2/19/2020 to 10/30/2024
35.5
18.5
8.5
6.1
6.8
4.8
4.8
7.8
7.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 588

= Typical USAP range from 2/19/2020 to 10/30/2024
32.2
19.6
8.9
8.9
4.4
5.2
7.0
8.1
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 270

= Typical USAP range from 2/19/2020 to 10/30/2024
26.4
18.3
11.7
6.0
7.1
3.3
7.1
11.2
9.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 30
XBRL?   [ original filing ]
Total numbers found: 367

= Typical USAP range from 2/19/2020 to 10/30/2024
30.2
17.6
9.7
8.7
4.0
5.0
5.9
11.4
7.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 42
XBRL?   [ original filing ]
Total numbers found: 404

= Typical USAP range from 2/19/2020 to 10/30/2024
33.4
19.4
9.2
10.4
7.2
3.9
6.1
6.5
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 1,703

= Typical USAP range from 2/19/2020 to 10/30/2024
31.4
12.7
10.2
11.3
8.1
7.4
3.9
3.2
11.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 61
XBRL?   [ original filing ]
Total numbers found: 283

= Typical USAP range from 2/19/2020 to 10/30/2024
39.5
7.3
13.7
4.2
5.9
4.5
3.9
7.3
13.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 13
XBRL?   [ original filing ]
Total numbers found: 357

= Typical USAP range from 2/19/2020 to 10/30/2024
35.0
15.7
7.5
6.9
4.9
4.6
5.7
11.3
8.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 44
XBRL?   [ original filing ]
Total numbers found: 389

= Typical USAP range from 2/19/2020 to 10/30/2024
33.6
20.3
8.4
7.8
7.4
5.0
5.2
6.9
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 580

= Typical USAP range from 2/19/2020 to 10/30/2024
32.0
16.2
9.7
8.6
8.6
3.6
4.3
8.6
8.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 278

= Typical USAP range from 2/19/2020 to 10/30/2024
28.2
18.9
14.0
4.9
4.7
6.5
3.4
11.4
8.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL?   [ original filing ]
Total numbers found: 387

= Typical USAP range from 2/19/2020 to 10/30/2024
 

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