Sentences with phrase «with high market valuations»

With high market valuations and an ever - lasting bull market, one might get scared to invest in equities (stocks) and stay on the sidelines.

You seem pretty bearish on the Internet stocks with high market valuations.

Not exact matches

• PE exits continue to slow: We've got all the ingredients for a seller's market — record high valuations, PE firms with lots of capital, a healthy corporate market and a growing, aging portfolio company inventory.

Until very recently, tech stocks have been racing pretty high, pulling stock markets up with them as their valuations stretch.

A share sale by San Francisco - based Dropbox, one of a closely watched group of high - profile private tech companies with multibillion - dollar valuations, would follow Snap Inc.'s disappointing step into the public markets.

, I'd say that one obvious qualifier would be public marketing technology companies with $ 1 billion or higher valuations, such as HubSpot and Marketo.

At longer time frames, the basic relationship generally still holds: Higher U.S. stock market valuations are associated with lower future returns.

Notice that to the extent that high interest rates were typically associated with depressed market valuations, they were also typically associated with elevated subsequent market returns.

To the extent that lower Treasury yields are even weakly associated with higher equity valuations, recognize that this effect is also expressed over time as lower subsequent stock market returns.

While stocks have a terminal value beyond a 10 - year period, the effects of interest rates and nominal growth on those projections largely cancel out because higher nominal GDP growth over a given 10 - year horizon is correlated with both higher interest rates and generally lower market valuations at the end of that period.

While there is a general tendency for high interest rates to be associated with depressed valuations and above - average subsequent market returns, and for low interest rates to be associated with elevated valuations and below - average subsequent market returns, the relationship isn't extremely reliable or linear.

Our valuation models are the best in the business at identifying the stocks with the highest and lowest market expectations.

«Many participants reported that their contacts had taken the previous month's turbulence in stride, although a few participants suggested that financial developments over the intermeeting period highlighted some downside risks associated with still - high valuations for equities or from market volatility more generally,» the minutes said.

With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of histWith the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of histwith historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of histwith an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of histwith credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of histwith leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.

A market low here and now would compete with the 2002 - 2003 lows for the highest valuation observed at a cyclical market trough.

«While our statistical findings suggest that diversity does coincide with better corporate financial performance and higher stock market valuations, we acknowledge that we are not able to answer the causality question,» it notes.

But to help with the explanation I'd like to put down some markers of typical Internet pre-money valuations done in major US markets (San Fran, NY, LA, etc.) while acknowledging that San Fran deals are often higher valuations due to increased competition amongst investors.

I'm just pointing out my gut feel for approximate ranges of deals that I've seen with Silicon Valley having the highest valuations, NY / LA / Boston / Boulder / Seattle having valuations in a slightly lower range but comparable and sometimes significantly lower prices in markets that don't have a healthy venture market.

While other historically reliable metrics carry a very similar message, Market Cap / GVA has the highest correlation with actual subsequent 10 - year S&P 500 total returns than any other valuation ratio we've examined across history.

While Loop Capital Markets didn't see it as a breakout quarter, which might justify a higher valuation, JMP Securities said its valuation for the company is roughly in line with the...

The valuation is neither entirely unreasonable nor unusually appealing, but compared to the fairly high valuation of the market currently, it may make a good choice for a stock with a decent dividend yield (3.43 %) and consistent dividend growth history.

As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.

With market setting all time highs, it's getting difficult to find companies at fair valuation.

With valuations very rich, bullish sentiment high, and stocks generally overbought, there's a certain momentum to the market that makes it likely - in terms of probability - that stocks will be higher in the weeks ahead.

We continue to see opportunities in Europe, but with the market have moved broadly higher and valuations looking fair, in our view, stockpicking is likely to become ever more important in 2018.

The «canonical» market peak typically features rich valuations, rising interest rates, often a reasonably extended and «flattish» period where, despite marginal new highs, momentum has gradually faded while internal divergences have widened, and finally, an abrupt reversal in leadership, from a preponderance of new highs over new lows (both generally large in number) to a preponderance of new lows over new highs, with the reversal often occurring over a period of just a week or two.

Rather, it means that investors will receive returns consistent with relatively high starting valuations — nominal total returns for the stock market of around 5 % -6 %.

With one week left in April I decided to deploy some fresh capital into a market that has been very, very generous as of late in terms of giving us much better buying opportunities in many «name brand» stocks that have been previously deemed untouchable because of low yields, high valuations and relatively speaking, high prices.

With the exception of the 2007 market peak, most of the bull markets of the past 25 years witnessed a peak valuation on the S&P 500 of roughly 20x to 22x 12 - month trailing earnings, higher than the S&P 500's 17.5 x valuation today.

A quantifiable response to investor's becoming less selective are the number of private companies which become attracted to the high valuations the stock markets appetite may award them with, and the lower quality threshold the stock market demands for an Initial Public Offering (IPO).

Money is there (stadium with highest pricing per seat in England; commercial & marketing deals, UCL, TV deal, club valuation); one of the best league in the world of football, a great city & manager.

And it's reported to be shooting for an IPO soon, with hopes of reaching a valuation as high as $ 6.7 B. Rocket Internet's strategy is to copy ideas that work in certain markets and build the same exact business model in regions that haven't yet been explored.

On the subject of valuations, I believe that the peak level of earnings seen in the past market cycle was somewhat high, so I'd agree with Bill Gross at PIMCO in the sense that we're not likely to see that level of earnings as the «norm.»

On valuations, it is important to note that the market entered February with multiples at multi-year highs.

The Firm seeks to invest in high - quality businesses at low valuations, with the goal of generating outperformance over a full market cycle while managing the level of risk.

Periods of low volatility often coincide with higher levels of valuation, and that sort of low economic variability can help to generate stock market bubbles.

With stock market valuations rather high, could it make sense to adopt such a strategy as an alternative to indexing?

With the exception of the 2007 market peak, most of the bull markets of the past 25 years witnessed a peak valuation on the S&P 500 of roughly 20x to 22x 12 - month trailing earnings, higher than the S&P 500's 17.5 x valuation today.

As John Hussman noted in Inflation, Correlation, and Market Valuation, low inflation may often coincide with high multiples, but they don't justify them.

When the liquidity premium is high, the asset is said to be illiquid, and investors demand additional compensation for the added risk of investing their assets over a longer period of time since valuations can fluctuate with market effects.

Given what his price / peak earnings tells him about the market's current valuation (stomach - churningly high) and his perception that several of the supporting investment elements that have so far made valuations irrelevant are starting to break down, what's he doing with the portfolios in his care?

The proposal, led by a mutual fund with investments in Oracle, points out that multiple studies show that board and managerial diversity are linked to better corporate performance and higher stock market valuations.

In a whipsaw period like that which we have had from 1998 to the present, it makes a lot of difference, because many investments during the bubble era put fresh capital into the market at a time of high valuations, with buybacks predominating as valuations troughed.

As Visteon exits chapter 11, the near to medium - term upside will likely be driven by a combination of 1) a couple of imminent, high probability catalyst's that should force the market to assign this company with a much more appropriate valuation on an absolute basis and relative to its peers and 2) various operational and financial enhancements that the company recently undertook while in bankruptcy should continue to yield visible and increasingly positive operating results for the foreseeable future.

In Table 3, of the 96 tests for factors, only 2 have the «wrong» sign, with higher valuation pointing to (negligibly) higher subsequent returns; both instances of the «wrong» sign are in the emerging markets, for which we have shorter history, and are for the low beta factor, for which the current valuations, in the 99th percentile, are quite extreme relative to history.

i never agreed with your philosophy of timing the market for valuations of stocks, but I do agree with your calculators that show a higher SWR based on Vvaluations of stocks, but I do agree with your calculators that show a higher SWR based on ValuationsValuations.

Equity valuations are now extremely high, with global equity markets having added close to US$ 9.5 tn in market capitalisation over the course of 2018.

Are the current large market leaders enjoying higher stock prices simply because of their position as larger weights in the overall market funds (into which vast sums of money are pouring every month), rather than because they are good profitable companies with fair valuations?

For example, market capitalization to GDP is a long - term stock valuation indicator with a high correlation (0.89) to subsequent 10 - year returns.

While other historically reliable metrics carry a very similar message, Market Cap / GVA has the highest correlation with actual subsequent 10 - year S&P 500 total returns than any other valuation ratio we've examined across history.