Sentences with phrase «aggregate return on»

(Malkiel appears to use recent history to estimate the dividend growth rate, but other methods also exist such as multiplying the market's aggregate return on equity by its retention ratio, the percentage of earnings that the market does not pay out in dividends.)

Not exact matches

b) Return on Invested Capital (ROIC) measures the aggregate cash on cash returns of all stocks in the sector / industry.

For example, income has driven about 90 % of annual bond returns over the past 10 years, based on the Bloomberg Barclays U.S. Aggregate Bond Index.

Entire populations within currency zones can literally nuke themselves to the verge of oblivion, and yet a portfolio that is maximally diversified in the investments of that territory, will never experience a nominal decline, since the return of such a portfolio is a function of aggregate revenues, which by definition is on a fixed growth path.

It's still early in the term for many of its equity offerings (which rely on a sale or refinance for a large portion of the return distributions), so management expects this aggregate figure to increase substantially over the next year.

The negative 0.08 % total return for the Barclays Aggregate Bond Index might lead them to think there's something very wrong going on.

Dividends on a life insurance policy are generally treated as a return of investment and are not treated as taxable income to the policyowner unless they exceed the amount of the aggregate gross premiums paid on the policy.

In the July 2010 version of their paper entitled «The Impact of Investor Sentiment on the German Stock Market», Philipp Finter, Alexandra Niessen - Ruenzi and Stefan Ruenzi test the predictive power of a composite sentiment measure combining consumer confidence, net equity mutual funds flow, put - call ratio, aggregate trading volume, initial public offering (IPO) returns, number of IPOs and aggregate equity - to - debt ratio of new issues.

In their December 2006 paper entitled «Investor Sentiment in the Stock Market», Malcolm Baker and Jeffrey Wurgler summarize a top down approach to addressing these questions, focusing on the measurement of aggregate sentiment and its relationship to stock returns.

If an investor had moved $ 100,000 into bonds that day, it would be worth $ 124,033, based on the total return of the Barclays U.S. Aggregate Bond Index through Thursday, according to investment researcher Morningstar.

While this only goes back to 1999, it would still be insightful to compare these two indexes on a year by year and aggregate basis for total return and volatility to get a true sense of the difference that treasury bond duration makes.

At 1 - 1 in the return leg, Robin van Persie was then controversially shown a second yellow card in the 56th minute before Barcelona scored two goals against 10 men to win on aggregate.

Last season against Real Madrid his Bayern side lost the semi-final first leg 1 - 0 at the Santiago Bernabeu before being humiliated in the return leg to eventually lose the tie 5 - 0 on aggregate, further highlighting that he can't always rely on the home tie to bail his teams out of jail.

He has nine clean sheets following his return from Lazio on loan — however only three of those have come in the last nine matches since Atalanta was bounced from the Europa League thanks to a 4 - 3 aggregate win by Borussia Dortmund.

Despite their domestic struggles, record 12 - time European champions Real advanced to the quarter - finals 5 - 2 on aggregate following a 2 - 1 victory in the return leg in Paris.

At this stage of the competition last season, Madrid eased past La Cultural Leonesa 13 - 2 on aggregate, with James Rodriguez, now on loan at Bayern Munich, and Zidane's son Enzo, now at Alaves, among the scorers in the return game.

The return took place at the Westfalendstadion two months after the first leg, but any hopes the 32,500 Dortmund fans on hand had of witnessing a stirring recovery were quashed eight minutes into the game, Giovanni scoring to extend Barça's aggregate lead to 3 - 0.

The aggregate breastfeeding rate for England for Quarter 3 2015/16 (October to December 2015) is 42.2 % (with confidence intervals of 42.0 — 42.5 %) This is based on 138 out of 151 reporting local authorities submitting a return and passing initial validation.

[xxv] Unfortunately, the ACS data do not enable us to separately estimate returns by graduate institution type, and the dramatic increase in for - profit enrollments is too recent to have much influence on aggregated estimates from the ACS (which pool across recent and older cohorts).

Try after try, the group failed to draft a system that would ensure that districts and schools wouldn't return to judging schools principally or totally on the basis of aggregated results.

Barclays International Aggregate Bond Index, hedged, has positive returns on the year.

On the other hand, the broad U.S. bond market, as measured by the S&P U.S. Aggregate Bond Index, while returning a respectable 3.3 %, failed to keep pace with the rise in cost of future income for any respective target years.

Different levels of these «aggregated» market characteristics - whether based on valuation, trends, or interest rates - are often associated with distinct average returns historically.

On the fixed income side, the Bloomberg Barclays US Aggregate Bond index returned -1.46 %, reflecting concerns of higher rates and higher inflation in the US.

Leaders of Putnam's fixed - income group outline their independent thinking on the forms of fixed - income risk and discuss the risk - return potential of sectors outside the Barclays U.S. Aggregate Bond Index.

When capital gains and losses are reported on the tax return, the taxpayer must first categorize all gains and losses between long and short term, and then aggregate the total amounts for each of the four categories.

At the fund level — take less aggregate risk in the expensive sectors and focus on after - tax total return.

The rate of return from firms» dividend payouts will depend on investors» demand (in aggregate) for returns on their investments.

The value factor formed on B / P is likely to load on low profitability / junk companies, whereas the aggregate valuation metric may be better at identifying quality and thus may do a better job of predicting the subsequent return.

We observe that P / B - based valuation does a better job of forecasting the return of the value blend factor, whereas the aggregate valuation measure does a better job of forecasting the return of the value strategy constructed based on B / P.

Thus, traders and investors using aggregate financial accounting numbers to derive superficial financial ratios (e.g. profit margin, return - on - equity) and valuation metrics (e.g. low price - to - earnings, low price - to - book) without understanding the underlying business model, the related - party transactions artificially inflating the aggregate financial numbers and the data generation process in the financial footnotes can be misled.

Thus, traders and investors using aggregate financial accounting numbers to derive superficial financial ratios (e.g. profit margin, return - on - equity) and valuation (e.g. low price - to - earnings, low price - to - book) without understanding the underlying business model, the related - party transactions artificially inflating the aggregate financial numbers and the data generation process in the financial footnotes can be misled.

In aggregate, higher - cost active options lead to returns about 1 % lower on average (because the strategies cost about 1 % more), while also generating a substantially wider range of outcomes — relative to the market performance.

On a 60/40 equity / debt mandate, using the S&P 500 and the Lehman Aggregate as proxies, the return would be 3.5 % / year, with the lion's share coming from the less risky investment grade bonds.

Since index funds simply buy the stocks or bonds that make up indexes like the Standard & Poor's 500 or Barclays U.S. Aggregate bond index rather than spend millions on costly research and manpower to identify which securities might perform best, they're able to pass those savings along to shareholders in the form of lower annual fees, which translates to higher returns and more wealth over the long term.

On average, unconstrained bond funds delivered lower return and lower return per unit of volatility than the U.S. Aggregate Bond Index and higher return than the Global Aggregate Bond Index.

The Median Fund is based on monthly returns of the median intermediate - term, actively managed funds within the Morningstar intermediate term bond category with the Bloomberg Barclays U.S. Aggregate Bond Index as a primary benchmark.

In the January 2010 draft of their paper entitled «Predicting Stock Market Returns with Aggregate Discretionary Accruals», Qiang Kang, Qiao Liu and Rong Qi focus on whether aggregate discretionary accruals (distinguished from normal accruals) are a better predictor of stock market returns than aggregate total acReturns with Aggregate Discretionary Accruals», Qiang Kang, Qiao Liu and Rong Qi focus on whether aggregate discretionary accruals (distinguished from normal accruals) are a better predictor of stock market returns than aggregate total Aggregate Discretionary Accruals», Qiang Kang, Qiao Liu and Rong Qi focus on whether aggregate discretionary accruals (distinguished from normal accruals) are a better predictor of stock market returns than aggregate total aggregate discretionary accruals (distinguished from normal accruals) are a better predictor of stock market returns than aggregate total acreturns than aggregate total aggregate total accruals.

However, even if Enbridge massively disappoints with DCF growth, the dividend alone puts a pretty strong floor on the stock's return and aggregate income prospects.

The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the underlying index.

They then compared these aggregate results to a distribution of potential 3 - factor (Fama / French Three Factor Model) adjusted excess returns (alpha) based on random outcomes.

Michael Mauboussin, in what is arguably the best essay ever written on moats put it this way, «Companies generating high economic returns will attract competitors willing to take a lesser, albeit still attractive return, which will drive aggregate industry returns to opportunity cost of capital.»

The Bloomberg Barclays U.S. Aggregate Bond Total Return index is up approximately 3.1 % year to date, on track to put up the best return sinceReturn index is up approximately 3.1 % year to date, on track to put up the best return sincereturn since 2014.

Index investors, in aggregate, are likely to realize higher returns because of lower costs and the effect of reversion to the mean on active strategies.

So if you have a target fund that's currently 10 % cash, 40 % stock, and 50 % bonds, then all you'd need to do is calculate what the returns were over a set time frame on a benchmark portfolio of 10 % cash, 40 % S&P 500, and 50 % Barcap Aggregate Bond.

Based on aggregate returns, the Morningstar Energy Equity Fund Index was the top - performing category among Morningstar Canada's 47 fund categories last month, following up on its 3.1 % March increase with a 10.6 % surge in April.

The fund may loan portfolio securities to qualified broker - dealers or other institutional investors provided: (1) the loan is secured continuously by collateral consisting of U.S. government securities, letters of credit, cash or cash equivalents or other appropriate instruments maintained on a daily marked - to - market basis in an amount at least equal to the current market value of the securities loaned; (2) the fund may at any time call the loan and obtain the return of the securities loaned; (3) the fund will receive any interest or dividends paid on the loaned securities; and (4) the aggregate market value of securities loaned will not at any time exceed one - third of the total assets of the fund, including collateral received from the loan (at market value computed at the time of the loan).

Returning to the issue of future projections of aggregate activity (PDI, as in Fig. 1), while there remains a lack of consensus among various studies on how Atlantic hurricane PDI will change, no model we have analyzed shows a sensitivity of Atlantic hurricane PDI to greenhouse warming as large as that implied by the observed Atlantic PDI / local SST relationship shown in Figures 1 (top panel).

(2) The returning officer may adjourn the official tabulation proceedings to a future day and hour and so on from time to time but not in the aggregate to exceed fourteen days,

Considering that the aggregate donations by Canadian taxpayers to the Gift Program were in excess of $ 140 million, this rate of return is less than 1 % per annum on the contributors» donations and is an infinitesimal return on the total supersized donation that taxpayers were allegedly making to support the inflated charitable donation receipts that they received.