Of 10,912 children, 1.7% of children were in use of psychostimulants, 6.6% had a mADHD. A total of 486 (4.5%) met DSM-5 criteria for ADHD (dADHD). Of children with mADHD, only 25.3% had dADHD (74.7% of false positives); however, of children with dADHD, 62.6% had never received a medical diagnosis of ADHD; of children using psychostimulants, only 26.2% had dADHD. The risk for false-positive diagnosis was higher in children studying in private vs. public schools, from bigger cities, and from higher income classes. Other risk factors were below average school performance and having the ADHD symptoms reported by the parents but not by the teacher (p<0.001). The risk for false-negative diagnosis was higher in children from smaller cities, from lower income classes, divorced parents, and below average school performance (p<0.01).