Sentences with phrase «current valuations»

Therefore, the reader is free to discover whether or not current valuations make sense based on historical norms coupled with fundamental values.

Moreover, the US stock market has also been on a multi-year run, which is inducing asset managers to speculate on the sustainability of current valuations across US capital markets.1 If a lower dividend yield is associated with expensive equities, then a lower bond yield should indicate expensive Treasuries.

If you were 100 per cent in equities, that's not really a balanced portfolio, and given current valuations, I'd see this morning's flat market opening as an opportunity to take off a bit of equity risk: far better to do so when markets are up or flat than when they are plummeting, which is evidently the fear everywhere in the world except — ironically — in the United States itself.

Joe G. Bruening, CFA, Portfolio Manager at Renaissance, discusses international investing in light of current valuations and market conditions.

Current valuations of U.S. stocks inevitably lead to debate over their prospects for future returns, earnings sustainability, and whether we are in the midst of a stock market bubble.

@Andrew F: While I agree with you that at current valuations a case can be made for holding bonds in taxable accounts, that may not always be true.

The facts say that investors are unlikely to be compensated at current valuations for the risks of owning stocks over the next few years.

They also performed a comparison with current valuations for a (select) group of public investment management firms — on average, the TAM transaction's valued at 75 % of the minimum multiple & just 49 % of the median multiple.

Or even the present — look at current valuations for KKR (KKR: US), Och - Ziff (OZM: US) or Oaktree (OAK: US)!

He noted that we're seeing a turnaround in the earnings story and that for dividend growth stocks, current valuations may be justified.

Current valuations are compared to historical valuations and other similar companies.

If corporate earnings were to meet or exceed expectations, that would go a long way to alleviating fears that stock fundamentals can't support the current valuations.

We therefore apply it in the next section (while cheerfully acknowledging it could likely be further improved) to investigate what current valuations are telling us about the alpha forecasts for factors and smart beta strategies.

I believe this company at current valuations provide significant upside with minimal downside.

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.

Thank goodness the relationship is weak, as current valuations for low beta stocks are well into the top decile of historical experience regardless of the valuation measure used.

While I may not like the current valuations or returns, it's best to not try to time the market with big asset allocation shifts.

Because they don't notice that brilliant past returns are a consequence of sky - high current valuations and may easily mistake those returns for structural alpha.

The truth is that the stock market has already returned 3x its average return this year, so could a Santa Claus rally really happen given the current valuations?

Comparing the quality of the net - nets on this list to the July 7th list is a great sign of the relative scarcity of good buys at current valuations.

[Jeff] This is a reasonable choice, but I do not see the explosive upside from current valuations.

All in all, AEM is a great business with clear growth catalysts, however, at current valuations it is no longer a great investment with multibagger potential.

The answer, of course, depends heavily on current valuations and market conditions, but we always approach the question with an effort to understand the drivers of long - term risks and expected returns across many different asset classes.

So current valuations imply a rate of return of roughly 10.7 %.

On the most reliable measures we identify, current valuations actually approach 150 % to 170 % above those norms.

So 9 % is a very conservative planning assumption at current valuations, is beneath the TSE / TSX index's long - term average return, and an acceleration in inflation is not required to achieve such return.

It tells you the full range of likely outcomes based on current valuations.

More importantly, however, investors should recognize that the presence or absence of immediate economic pressures does nothing to change the likelihood that stocks, from their current valuations, will achieve negligible returns in the coming 5 - 7 years.

Third, given current valuations, there is an exceedingly high probability that returns over the next three years will average 10 - 15 % annually.

TIPS are expected to perform slightly better than stocks over the next decade starting from current valuations.

There is no precedent for the length of time that stocks have been at current valuations.

Stocks are slightly more attractive than TIPS over the next 20 years starting at current valuations.

Differing from value investing, Fisher's philosophy is known as growth investing, which does not care so much about the specific valuation of a stock but rather looks to identify strong businesses that try to outperform their current valuations, even though they might not be considered «value» buys.

Except for the 1976 and 1983 declines that started at less than 12 times earnings, most began at or above current valuations.

It's tough to make sense os current valuations.

Until now, while there are investors who have a clear understanding of the process and the mechanics behind it, many are highly exposed to the nuances of mining and with current valuations, are certainly susceptible to sizeable losses, June's Ethereum flash crash and increased volatility a reminder that as an investor, it's not just following the masses, but far more.

Water stocks are a safe bet much like utilities, and for that reason, they're no get rich quick play, especially at their current valuations.

It indicates that claim reserves at the end of the second quarter would be 50 % light, to justify current valuations.

However, if it were somehow known that rates would * permanently * stay as low as they currently are then stocks would logically be priced much much higher than their current valuations.

This means that investors in funds with high exposure in this area could face significant losses on current valuations, if they revert to a more normal level.

I also think Berkshire Hathaway is attractive at current valuations, but I don't like the Class B shares because I believe they give less voting privileges per dollar invested (correct me if I'm wrong).

However, just because its current valuations are above the historical averages will not cause a correction in the markets.

That said, current valuations in the US market are not as cheap as they were several years ago, but, in our view, they still remain reasonable.

Management said it sees its own shares as a good long - term investment of cash at current valuations.

The current valuations of the S&P 500 are stretched, however, there is nothing stopping it from getting overstretched.

This is very important to me as an investor in European equities because current valuations do not appear to take into account any earnings improvements among those European companies that have large exposures within Europe.

On the assumption that current valuations hold, I estimate that long - term future returns will be no more than 4 % real.

However, the fact of the matter is that buying AMZN or EBAY at their current valuations, which are astronomical to say the least, is not prudent investing.

That said, the region may fare well in a better global growth environment and find current valuations to be a potentially attractive entry point into eurozone equities.

No doubt SE looks like a compelling stock with a great current yield but it does look a bit expensive based on current valuations.