Sentences with phrase «book value of your portfolio»

What about you, have you experienced a double digit drop in book value of your portfolio in a very short time period?

Not exact matches

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Lauren lives in Chattanooga, with her husband, Scott Phillips, who is a portfolio manager of the Global Maximum Pessimism Fund and author of the investing book, Buying at the Point Maximum Pessimism: Six Value Investing Trends from China to Oil to Agriculture, 2010, FT Press, and co-author to the revised edition of The Templeton Touch, 2012, Templeton Press.

If you want to build a high yield, low risk portfolio of shares then take a look at these free resources or read my book, The Defensive Value Investor.

This book is well worth reading by both financial industry insiders and potential clients since Chris Turnbull, a portfolio manager at TheIndexHouse uses the principles and approaches described in the book, showing a practical way to deliver the high value components of what clients need.

For an investment portfolio of $ 1,325 per share, at 7 % tax equivalent returns, Markel should earn $ 93 per share in equity next year, growing book value by 17 % ($ 93 per share added to $ 543 per share).

This portfolio is made up of companies that have consistently demonstrated the ability to increase sales and earnings, and improve their cash flow and book values over multiple economic cycles.

First Asset Global Value Class ETF (TSX: FGU) The First Asset Global Value Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong «value» characteristics like low price - to - book ratios and low price - to - cash flow raValue Class ETF (TSX: FGU) The First Asset Global Value Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong «value» characteristics like low price - to - book ratios and low price - to - cash flow raValue Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong «value» characteristics like low price - to - book ratios and low price - to - cash flow ravalue» characteristics like low price - to - book ratios and low price - to - cash flow ratios.

They are perhaps best known for the Contrarian Investment, Extrapolation, and Risk paper, which, among other things, analyzed low price - to - book value stocks in deciles (an approach possibly suggested by Roger Ibbotson's study Decile Portfolios of the New York Stock Exchange, 1967 — 1984).

Some weight their portfolios on the basis of book values, revenues, and earnings.

The top 20 percent of stocks ranked by price to tangible book value are placed in the first quintile and the next 20 percent in the second quintile and so forth until we have five portfolios of stocks.

The Morningstar style boxes give a general idea of size and value / growth exposure, but if you go to the «Portfolio» page for each fund, you can get the average size company, price to book ratio, and a host of other important statistics.

Parity Parity price Participating preferred stock Participating (semi-fixed) Trusts Partnership Par value Passive income Pass - through security Payment date P / E ratio Penny stocks PHA Bonds Phantom income Pink sheets Placement Ratio Plan completion life insurance PN Point Portfolio income Position limits Positions book Pot Power of attorney Pre-dispute arbitration clause Preemptive right Preferred stock Preliminary prospectus Preliminary study Preliminary statement Premium Pre-refunding Pre-sale order Price to Earnings ratio Primary distribution Primary market Prime rate Principal Principal stockholder Principal transactions Private placement Private placement memorandum Private securities transaction Proceeds sale Production purchase program Profile Profit - sharing plans Program trading Progressive tax Project note Prospectus Prospectus delivery period Proxy Prudent Man Rule Public float value Public Housing Authority Bonds Public Offering Public offering price Purchaser's representative Put bond Put option Put spread

Most of the Canadian blue chip stocks you hold in your portfolio should offer good «value» — that is, they should trade at reasonable multiples of earnings, cash flow, book value and so on.

As of November 30, 2009, the portfolio has a 2.8 % gain over book value:

The two microcap stocks (DIT & FRD) that passed the Graham Enterprising screen have current price - to - book - value ratios just above the current cut off (p / book of 0.8) for a new stock to be added to the Shadow Stock Portfolio.

Greenblatt, managing partner of Gotham Capital and author of The Little Book That Beats the Market, offers his own commentary throughout the pages, as do Christopher Davis, portfolio manager of the Davis Large Cap Value fund, and Seth Klarman, president of The Baupost Group and a well - respected value inveValue fund, and Seth Klarman, president of The Baupost Group and a well - respected value invevalue investor.

One of the best value portfolio management books ever written.

Its exposure to retail, mortgage financing and various other sectors (adding up to almost half the portfolio) combined with the fact that even its home builders are not the cheapest ones out there, mean that if you want to take advantage of the discount to book values that are out there, the best strategy is to buy the individual securities yourself!

Instead of thinking about the return on Markel's investment portfolio, you could also think about Markel in terms of book value compounding or return on equity.

Most REITs won't trade above book value because investors know the value of the portfolio is constantly adjusted.

One such monthly time series represents the returns of ten portfolios formed by sorting the universe by each stock's ratio of book equity to market value and splitting them evenly into deciles.

This book is well worth reading by both financial industry insiders and potential clients since Chris Turnbull, a portfolio manager at TheIndexHouse uses the principles and approaches described in the book, showing a practical way to deliver the high value components of what clients need.

Perhaps this is why many researchers have found that other measures of value yield better results than book - to - market when building value stock portfolios.

As we discussed yesterday in Testing the performance of price - to - book value, various studies, including Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986), Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987), Josef Lakonishok, Andrei Shleifer, and Robert Vishny Contrarian Investment, Extrapolation and Risk (1994) and The Brandes Institute's Value vs Glamour: A Global Phenomenon (2008) all conclude that lower price - to - book value stocks tend to outperform higher price - to - book value stocks, and at lower value, various studies, including Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986), Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987), Josef Lakonishok, Andrei Shleifer, and Robert Vishny Contrarian Investment, Extrapolation and Risk (1994) and The Brandes Institute's Value vs Glamour: A Global Phenomenon (2008) all conclude that lower price - to - book value stocks tend to outperform higher price - to - book value stocks, and at lower Value vs Glamour: A Global Phenomenon (2008) all conclude that lower price - to - book value stocks tend to outperform higher price - to - book value stocks, and at lower value stocks tend to outperform higher price - to - book value stocks, and at lower value stocks, and at lower risk.

This time around I'm pitting a small portfolio of near Graham net nets against a small portfolio of ultra-low price - to - book value stocks.

As the various studies we have discussed recently demonstrate — Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986), Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987), Josef Lakonishok, Andrei Shleifer, and Robert Vishny Contrarian Investment, Extrapolation and Risk (1994) and The Brandes Institute's Value vs Glamour: A Global Phenomenon (2008)-- low price - to - book value stocks outperform higher priced stocks and the market in genValue vs Glamour: A Global Phenomenon (2008)-- low price - to - book value stocks outperform higher priced stocks and the market in genvalue stocks outperform higher priced stocks and the market in general.

In this instance, Professor Oppenheimer's study speaks to the return on the Near Graham Net Net Portfolio, as Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986), Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987), Josef Lakonishok, Andrei Shleifer, and Robert Vishny's Contrarian Investment, Extrapolation and Risk (1994) as updated by The Brandes Institute's Value vs Glamour: A Global Phenomenon (2008) speak to the return on the Ultra-low Price - to - book Portfolio.

A book that had that much impact on me, and the author mentions one of the exact stocks I'd added to my portfolio since changing it over to a Deep Value portfolio.

The blue line in Panel A shows the return of the classic Fama — French HML (high minus low) value factor, which compares a capitalization - weighted portfolio of the 30 % cheapest stocks (high book - to - price ratio) to a cap - weighted portfolio of the 30 % most expensive stocks (low book - to - price ratio).

In July 2002, the San Mateo, California - based Bay View Capital Corporation announced the pending sale of the mortgage loan portfolio for its Bay View Bank subsidiary to Washington Mutual for a «slight premium to book value».

It presents a 15 year comparison of the normal MSCI Index with its Value - weighted counterpart (weighted by book value, earnings, cash earnings and sales, not dividends), and also with portfolios screened for single metValue - weighted counterpart (weighted by book value, earnings, cash earnings and sales, not dividends), and also with portfolios screened for single metvalue, earnings, cash earnings and sales, not dividends), and also with portfolios screened for single metrics.

For instance, the blue dot on the value factor scatterplot suggests that prior to March 2016 the valuation level of 0.14 — meaning the value portfolio was 14 % as expensive as the growth portfolio measured by price - to - book ratio, and lower than the historical norm of 21 % relative valuation — would have delivered an average annualized alpha of 8.1 % over the next five years.

Each month, he forms three groups of eight equally weighted portfolios of industries ranked separately by: (1) beta based on rolling regressions of industry returns versus value - weighted market returns over the past 60 months; (2) value based on the latest available industry book - to - market ratios (value - weighted composites of component firm book - to - market ratios, updated annually); and, momentum based on lagged six - month industry returns.

Since my previous update the Sleepy Mini Portfolio has slipped a little and now has a small loss of 0.7 % over book value since inception.

They looked at two portfolios of value stocks trading on comparable multiples of price - to - earnings, cash flow, operating earnings, book value and sales, but with different historical rates of sales growth; one with a high rate of growth, the other low.

Book value has received plenty of attention from researchers in academia and industry, starting with Roger Ibbotson's Decile Portfolios of the New York Stock Exchange, 1967 — 1984 (1986) and Werner F.M. DeBondt and Richard H. Thaler's Further Evidence on Investor Overreaction and Stock Market Seasonality (1987).

The white paper Performance of Value Investing Strategies in Japan's Stock Market examines the performance of equal - weight and market capitalization weighted quintile portfolios of five price ratios — price - to - book value, dividend yield, earning - to - price, cash flow - to - price, and leverage - to - price — excluding the smallest 33 percent of stocks by market capitalizaValue Investing Strategies in Japan's Stock Market examines the performance of equal - weight and market capitalization weighted quintile portfolios of five price ratios — price - to - book value, dividend yield, earning - to - price, cash flow - to - price, and leverage - to - price — excluding the smallest 33 percent of stocks by market capitalizavalue, dividend yield, earning - to - price, cash flow - to - price, and leverage - to - price — excluding the smallest 33 percent of stocks by market capitalization.

The yellow dotted line shows the average returns to the ten decile portfolios of stocks ranked by price - to - book value from 1968 to 2012.

The value quintile of equal - weighted portfolios book - to - market, dividend yield, earning - to - price, cash flow - to - price, and leverage - to - price generated monthly returns of 0.84 percent (10.6 percent per year), 0.78 percent (9.8 percent per year), 1.31 percent (16.9 percent per year), 1.13 percent (14.4 percent per year) and 0.0 percent (0.0 percent per year) in the 1990 — 2011 period, respectively.

Dear Anchit, The investment objective of ICICI Value Discovery fund is «To invest in a well - diversified portfolio of value stocks (those having attractive valuations in relation to earnings or book value or current and / or future dividends).&rValue Discovery fund is «To invest in a well - diversified portfolio of value stocks (those having attractive valuations in relation to earnings or book value or current and / or future dividends).&rvalue stocks (those having attractive valuations in relation to earnings or book value or current and / or future dividends).&rvalue or current and / or future dividends).»

From a universe of the 1,000 largest stocks — excluding companies without book value data — the authors assign the top 50 % by market capitalization to the value portfolio and the remainder to the growth portfolio, which splits in half the third portfolio examined (the market portfolio).

Dr. Johnson, who was an undergraduate student at the University of Nebraska - Omaha and a student and professor at Creighton University — also located in Omaha — will be back in familiar territory during the event to sign copies of his book that details how to build a world - class portfolio using value investing.

Price to book was a key measure, then it became the target around which hundreds of billions in assets built value portfolios and indexes, and along the way has decoupled from other major value factors.

Each of the building blocks tested in this book are sorted by the value of the factor being tested and then divided into five equal sized portfolios.

(My book, Findependence Day, is aimed at just these types of investors who want to build low - cost portfolios of ETFs at discount brokerages, but who also value good advice).

If you want to build a high yield, low risk portfolio of shares then take a look at these free resources or read my book, The Defensive Value Investor.

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund's portfolio as calculated for the last twelve months.

Meanwhile, the stocks in the highest quintile, those with an average market price to book value ratio of 3.42 and an average earnings yield of 0.147 (a P / E of 6.8), returned 1.3 % less than the market index over the four years after portfolio formation.

In «Decile Portfolios of the New York Stock Exchange, 1967 — 1984,» Working Paper, Yale School of Management, 1986, Ibbotson studied the relationship between stock price as a proportion of book value and investment returns.