That's because companies with
different characteristics tend to react differently to what's happening in the stock market and the economy at large.
Not exact matches
If you've ever had occasion to look into the academic research comparing
different types of returns from stocks that have
different characteristics, as a class, dividend stocks
tend to do better than the average stock over long periods of time.
The endgame, however,
tends to have
different characteristics from the middlegame, and the players have correspondingly
different strategic concerns.
This may also mean that a
different group of women is getting involved in early heavy alcohol use than used to be the case; in other words, when heavy drinking occurs more frequently and
tends to become the norm, women do not need to have some aberrant personal
characteristic to become an early heavy user of alcohol.
(Bottom) Plotting the
characteristic ellipsoids for each cell by how round they are in the two major cross sections reveals that cells
tend to
different shapes on
different scaffolds — spheres at one extreme, long narrow rods at another.
There are many
different programs but they
tend to share certain
characteristics.
In the course of life, in the early ages of going to school, you
tend to meet persons of
different characteristics and you start learning about other people with whom you live with.
Each may come from a
different cultural and educational background, but there are also common
characteristics that they
tend to share.
One common explanation for the lagging math achievement of ELL students is that these students
tend to have
different income, demographic and family
characteristics than do other students.
Most approaches included in the Toolkit
tend to have very similar average impacts on pupils with
different characteristics.
The combination of these
characteristics, which
tend to outperform at
different stages of the economic cycle, offers investors the potential for outperformance across a broad range of market environments.
Although Abstract Expressionist artists» paintings look very
different, their work
tends to share several key
characteristics.
Result: the temperature record we use to define climate contains a random mix of these records with distinctly
different characteristics — the ones with 7PM observing time
tend to produce warmer climate estimates, the ones with 7AM observing time
tend to be colder.