Sentences with phrase «cheap on a relative basis»
Equities still look cheap on a relative basis due to the precipitous drop in bond yields.
https://www.blackrockblog.com/ Not exact matches
Seifert points out that the stock is still cheap — «shares are undervalued on both a relative and historical basis,» she says — and with a 2.57 % yield it's also a decent income play.
Equity markets have appreciated sharply in recent years, and valuations, based on price - to - earnings ratios, in developed markets were not cheap relative to their historical averages as of late 2017.
As a result, EM stocks, as measured by the MSCI Emerging Markets Index, look fairly cheap on an absolute basis and very cheap relative to developed market equities, as measured by the MSCI World Index.
As a result, EM stocks, as measured by the MSCI Emerging Markets Index, look fairly cheap on an absolute basis and very cheap relative to developed market equities, as measured by the MSCI World Index.
«European equities right now are definitely cheaper on an absolute and a relative basis versus U.S. equities,» he says.
When relative valuation is gauged using the aggregate measure (reported in the right-most column of Tables 1 and 2 for both aggregate and P / B valuations), we find that the cheapest stocks based on B / P are no longer cheap.
Interesting and sometimes compelling idea that may be very illiquid, may be a probability bet with a favourable asymmetrical reward to risk ratio, or may simply be a low quality business that is very cheap relative on a net - net working capital or price / tangible book value basis.
By monitoring price movements of all preferred shares on an ongoing basis, the Lysander - Slater funds aim to purchase oversold securities that are of good credit, good structure, and offer cheap relative value.
As you point out in your recent post, the company still seems very cheap on an absolute and relative basis at 55 % of book value and at a 9.9 % gross yield.
It also shows why any investors basing their investment decisions on coal and gas continuing to be the cheapest source of electricity could be deeply misguided, given the relative shifts this LCOE sensitivity shows.