Sentences with word «cyclicality»

We think it's important for a lot of investors, and something that doesn't get enough attention in the financial press, where asset class recommendations tend to rise and fall with the same sense of cyclicality of Parisian fashions.

Historically, factor - based strategies have generated significant risk - adjusted returns in the long run, but they can also exhibit a high amount of cyclicality in the short run.

The P / E10 concept is designed to take into account the economic cyclicality of earnings, particularly with regard to profit margins.

He admits that the distribution may not be quite so wide if the markets revert to the mean and show cyclicality of returns.

We look at some of the most important financial factors such as current and historical EPS and FCF payout ratios, debt levels, free cash flow generation, industry cyclicality, ROIC trends, and more.

The market is missing the structural shifts that will drive profit growth via increased demand and less cyclicality going forward.

The more consistent a company's earnings, especially adjusted for cyclicality, the lower the interest coverage ratio can be.

Government bonds continue to exhibit a low correlation to oil prices and commodity cyclicality in general.

Currency growth, by contrast, has been considerably lower and has exhibited little cyclicality since the early 1990s, in marked contrast to earlier cycles.

Based on what we have observed in other markets, [5] value portfolios and quality portfolios tend to have low correlation in performance and tend to exhibit distinct cyclicality.

, and search for errors in my macro views («why do I have so much cyclicality in the portfolio?»).

E.g. they think that including a factor for V / A removes any taint from Earnings cyclicality from the Dividend Payout Ratio's metric.

Having spent 33 years in the brokerage industry, Mark Polubiec was well acquainted with its often vicious cyclicality.

«There is probably still a certain degree of oil price cyclicality in the reform process.

On a clearly negative note, tech companies are likely to exhibit heightened cyclicality versus consumer necessities and other more economically established sectors.

You really want to dive in a little bit closer, because earnings could be depressed based on cyclicality.

They search for good business models; those businesses which are market leaders, have competitive advantages and low cyclicality.

Pollard attributes that to a demographic predicament complicated by mining's notorious cyclicality.

We remain positive on EM equities, where valuations are not a constraint, and favor European stocks exposed to global cyclicality and EMs.

Taking the high levels of demand and the deep cyclicality of the industry and their stock prices, it is hard to see enough upside to earnings to justify buying.

A key element of factor investing however is factor cyclicality.

While factors have exhibited excess risk - adjusted returns over long time periods as seen above, over short horizons factors exhibit significant cyclicality, including periods of underperformance.

Most of the rest of the unemployment cyclicality can be attributed to the more cyclical nature of the industries in this group — an amplified version of the US economy.

Though revenues bounced back quickly, the volatility in revenues is a clear reminder of the underlying cyclicality of Charles Schwab's business model.

However, the company also has experienced a significant amount of cyclicality within its operating results historically.

This may be because different markets show different cyclicality of returns - US stock returns are very cyclical, while Canadian stock returns are not.

Most problems will likely be fixed, so crises are times to add more cyclicality to the portfolio little by little.

The credit cyclicality is even bigger than that of corporate bonds.

For the most part, cyclicality also brings about low average long - term growth rates.

What's more, we see a second example where bouts of cyclicality did not impact a steady record of increasing dividends.

Their work reveals an affinity with the realms of ritual, Jewish symbolism, and cosmological cyclicality of life and death.

For example, I personally believe that we'll have another recession in the US in the next 1 - 5 years (based solely on typical economic cyclicality and past history) and, given that I'm currently a longer - term investor, I'm focusing on asset classes that I think will sustain well during downturns (ie.

We look at factors such as current and historical EPS and FCF payout ratios, debt levels, free cash flow generation, industry cyclicality, ROIC trends, and more.

Over the entire period, marginal risk contribution and equal - weighted strategies exhibited less cyclicality than other multi-factor and most single - factor strategies.

Government bonds continue to exhibit a low correlation to oil prices and commodity cyclicality in general.

When evaluating Potash based on asset growth per share (atps) and book value per share (bkvlps), we see steady growth and very little cyclicality.

In sum, factor strategies had distinct cyclicality and performed differently in various market and economic conditions.

Going back to the table above, I got whacked on names with bad balance sheets, life insurers, and names with too much cyclicality.

He specializes in the analysis of cyclicality of FX and interest rate markets.

«I've never before been part of an organization that has delivered that kind of outcome so many years in a row — especially when you consider the volatility and cyclicality of this business,» he says.

«There's a cyclicality to it that is generational; think of the Chardonnay - drinking baby boomer,» says David Fleming, an analyst for M. Shanken Communications, which publishes research and magazines about the beverage sector.

SEO consultants providing ongoing web and social media analytics insight can reveal long term trends, cyclicality and the effect of the many changes mentioned above to an organization's ability to attract new business and manage it's reputation online.

The figure below plots year - over-year percent change in this aggregate variable, revealing its cyclicality.

Investors in oil stocks like the «buy low, sell high» cyclicality.

Any cyclicality will be secondary and worked through over a much longer time horizon that initially thought.