Calculate gross trend momentum
factor return as the difference in average (equal - weighted) actual returns between quintiles / deciles with the highest and lowest expected returns.
Not exact matches
Important
factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16)
returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Laredo's house - flipping market potential — which
factors in metrics such
as the number of real estate agents per capita and the average gross
return on investment — ranks 58th out of the 150 cities that WalletHub analyzed.
While the company failed to
return a request for comment, in its S - 1 filing with the U.S. Securities and Exchange Commission, it recently cited Brexit
as a major risk
factor.
But the key
factor for von Holzhausen is that
as Tesla rolls out its Model 3 sedan, attacking the mass market, he's witnessing the
return on his risky decision to join CEO Elon Musk back when Tesla was selling only one car, the original Roadster.
«Of course, earning a high
return on your nest egg is easier said than done,
as many
factors to create that
return are outside of your control.
Actual results, including with respect to our targets and prospects, could differ materially due to a number of
factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders
as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up of production of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty
returns or the potential recall of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability of receivables and other related matters
as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits of the transaction; the risk that retail customers may alter promotional pricing, increase promotion of a competitor's products over our products or reduce their inventory levels, all of which could negatively affect product demand; the risk that our investments may experience periods of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization of products under development, such
as our pipeline of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development of new technology and competing products that may impair demand or render our products obsolete; the potential lack of customer acceptance for our products; risks associated with ongoing litigation; and other
factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
Davies said markets had plenty of reason to be cautious and
factor in relatively low
returns on investment for year
as a whole, following a turbulent ride in 2015.
The portfolio management team uses a variety of investment strategies to search for companies suitable for investment in the fund, including
factors such
as growth in earnings,
return on equity, and revenue.
Targets exposure to a
factor that has been a long - term driver of
returns, such
as momentum, quality, size and value
A number of
factors — such
as rising US interest rates, the recurrence of big fluctuations in global currencies, and the widening dispersion of equity
returns across sectors and regions — may have helped to create an increasingly conducive environment for hedge - fund strategies, which have seen a positive turnaround in performance in recent quarters.
The capitalization
factor is a reflection of what rate of
return a reasonable purchaser would expect on the investment,
as well
as a measure of the risk that the expected earnings will not be achieved.
Now
factor in that it's incredibly difficult to be successful
as an enterprising investor: most active fund managers (generally about 60 %) can't even beat the overall market's
return.
Eugene Fama and Kenneth French develop the three -
factor asset pricing model, which identifies market, size, and price (value)
factors as the principal drivers of equity
returns.
Ideally, investors want to take three
factors into account in portfolio construction: the expected
return for each asset, the expected risk (normally expressed
as the standard deviations of
return) and the co-movement of each asset.
As mentioned, increasing ad prices can be a
factor in declining
return on investment.
As far as which is the absolute «best» citizenship by investment option, that will depend on a number of subjective factors: one's budget, how you value the specific investment deal offered by the second citizenship country (donation versus the potential for an investment return) and comfort in the countr
As far
as which is the absolute «best» citizenship by investment option, that will depend on a number of subjective factors: one's budget, how you value the specific investment deal offered by the second citizenship country (donation versus the potential for an investment return) and comfort in the countr
as which is the absolute «best» citizenship by investment option, that will depend on a number of subjective
factors: one's budget, how you value the specific investment deal offered by the second citizenship country (donation versus the potential for an investment
return) and comfort in the country.
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of
factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with t
factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that
as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business,
return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax
factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with t
factors; and (8) other
factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with t
factors described under the heading «Risk
Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with t
Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016,
as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
They measure fund performance
as alpha from each of four
factor models of stock
returns:
They calculate alpha for each fund each month
as the difference between next - month excess
return minus expected
return based on fund
factor loadings from a regression over the last 60 months.
Factor exposure should be considered a source of
returns as well
as of risk
Factor biases can be measured top - down or bottom - up The results of the two approaches do not necessarily reconcile INTRODUCTION
Factor investing has become immensely popular in recent years and assets in smart beta products
The answer is that Fed policy is the primary
factor driving the
returns of short - term bonds, meaning that they tend to hold up much better than long - term debt when the Fed is expected to keep rates low
as was the case in 2013.
Factor in what might be high - single - digit business growth over the next year,
as well
as what's currently a yield of just over 2.25 %, and you could easily make a case for what might be a total
return of ~ 25 % for 2018.
Risk
factors into every investment decision we make, because limiting losses in volatile markets is just
as critical
as maximizing
returns on the upside
But
as time has gone on, the behavioral finance folks have shown that valuation, price momentum, normalized operating accruals, and other
factors have significant predictive potential on future
returns.
Your
return will be much larger over the long term so the lack of advanced skill here will ultimately not be a big
factor as long
as you can trade it with a good degree of certainty.
By systematically and deliberately setting exposure
factors such
as momentum, quality, or value, managers can utilize smart beta strategies to improve
returns, reduce risk or enhance diversification.
After all, leveraged buyouts are pretty sexy (in a suit - wearing kind of way), private equity enjoys strong historical
returns as a sector, and the industry boasts the titillation
factor of being famously inaccessible, like Louis Vuitton handbags once were.
We consider an allocation to smart beta
as a systematic way to access those
factors that have historically had a positive impact on
returns.
Our appraisal of what any company is worth is based on quantitative
factors like its growth rate and
returns on incremental capital
as well
as on qualitative
factors like its management quality and stability of cash flows.
The «some multiple» aspect is known
as the «
factor loading,» and tells us how sensitive the bond
returns are to that
factor.
[U] nderpinned by an improving labor market, better household balance sheets, favorable financial conditions, a healthier housing market
as household formation gradually
returns to levels that are more closely aligned with demographic
factors, higher nonresidential investment
as firms finally upgrade aging capital stock, and a smaller fiscal drag.
Just
as our birth in a particular nation and setting is a constant
factor throughout our lives, baptism is the point of departure, the definition of our selves, to which we must constantly
return in order to understand who we are and who we are called to be in Christ.
This has been driven by a number of
factors, the first being the increased consumer awareness of food miles and sustainability; secondly the
return to a patriotic view of supporting British trade, manufacturing and produce (which in part drove the desire to leave the EU
as well); and thirdly the resurgence of the craft phenomenon which has seen a number of small producers and brands gain popularity.
I did feel like we reached on AJax
as Tre White was still available but overal I'm happy with Adoree and I think he will be
as good if not better than White when it's all said and done plus at the time we really needed Adorees
return skills
as well so that prob
factored into our decision to take him over White.
In over a decade at afc he's not been consistent, neither has he proven to be anything near being worthy to be be counted in the same breath
as Thierry, Anelka, Wright, Kanu, Adebeyor, RvP — I'm sorry but he has a minus fear
factor (remember we rolled him out
as captain and got rolled over) and for me he devalues the meaning of wearing the no14 shirt — sell, sell, sell before the potential buyer
returns to their senses.
In international break where normally our manager bases team selection on what day players
return from various continents and how fit they are, he may have to
factor in their mindsets into his thinking
as well.
If you want to
factor in the risk of a pick being a bust, you have to include that risk for the pick you acquire too, meaning the cost ratios remain the same regardless — it may only cost us 2 starters, but we're only getting 1/2 a starting QB in
return (which can just
as easily round down to nothing
as round up to 1).
The projections come together using what are basically three
factors: recent performance,
returning talent and,
as a hint of what will be replacing the departed talent, these two - year recruiting rankings.
As with the explosion, there are plenty of
factors that are likely contributing, from the law of diminishing
returns to a spate of quarterback injuries.
Ronaldo's allegiance to Manchester United, the club where he grew to become one of the world's greatest and was treated
as their own, could be the dominating
factor in his desire to
return to the Premier League.
Leroy Fer had put the Welsh side ahead in the eighth minute
as a fee - good
factor returned to the Liberty Stadium and eased the pressure on Francesco Guidolin but things turned sour for the hosts after the break.
This report serves to provide a better understanding of possible
factors that may contribute to difficulties in a school environment following a concussion and serves
as a framework for the medical home, the educational home, and the family home to guide the student to a successful and safe
return to learning.
Does this join spam - blockers, list proliferation and recipient exhaustion
as another
factor that dooms email - list - based advocacy and fundraising to steadily dimishing
returns?
Even if this latest peace deal between Senate Minority Leader Andrea Stewart - Cousins and IDC Leader Jeff Klein holds when lawmakers
return to Albany after the Easter / Passover break next week, and even if the Democrats win both the April 24 special elections (the Westchester County race is really the deciding
factor there, since the Bronx seat seems a safe bet), the Republicans will still have control of the chamber
as long
as Felder, a conservative Democrat, continues to caucus with them.
In making her submission, the minister cum queen mother stated that the encounter with the movie producers revealed power outages, competition from foreign movies, TV stations showing recently released locally made movies and piracy
as being the major
factors killing the movie industry
as little or no
return is made on investment.
This should see a feel good
factor beginning to
return by 2014/15
as long
as - and this is very important - George Osborne frontloads spending cuts.
I have no doubt that the Conservative Party will make major gains in votes and seats in the next 10 years that will build to their
return to power ultimately, but they are a long way off actually winning a majority and it has to be said that a Hung Parliament now looks more improbable than at any time since 2001, demographic
factors are working against the Conservative Party
as well - Labour seats mostly are held with far lower turnouts which is partly why Labour can get fewer votes than the Conservatives and end up with an overall majority and far more seats than the Conservative Party.
These should include the
factors Theresa May has already singled out
as important: Scotland's agreement - or at least acceptance - of the deal, ensuring that borders do not
return to Ireland and that the Good Friday Agreement survives the Brexit process.
Another approach which is used in U.S. state and local taxation by virtue of an interstate compact, is to have entities (or consolidated groups of corporations) prepare one tax
return for the entire world and then to allocate pro-rata percentages of that global
return to different jurisdictions based upon a handful of
factors that are relatively hard to manipulate and bear a meaningful relationship to where income is earned such
as sales, employment and the location of physical assets.