Sentences with phrase «high point valuation»

With the ability to earn 1 - 2x points and a high point valuation, using the card is bound to give you some benefits no matter your travel goals.

Not exact matches

Ralph Lindenblatt, a portfolio manager with Franklin Templeton Investments, points out that valuations were too high back then and people's expectations were unrealistic.

His deep - value philosophy can be boiled down to four points: he's looking for high - quality stocks that protect against the downside; he wants businesses where short - term issues have caused investors to abandon the company; he wants to wait until valuations are «out - of - this - world» cheap, and he tries not to pay attention to macro issues like eurozone debt or Chinese growth.

Domestic - facing stocks have faster expected sales and earnings growth but trade at a nearly two point P / E multiple valuation discount relative to stocks with high international sales.

Valuations are the only less - than - ideal factor, with high - yield spreads versus Treasuries — the difference between yields on comparable maturity securities — running around 400 basis points.

Still, even in an environment where the market trades in a range of high valuation, it is appropriate to hedge exposure to risk at points where conditions are overvalued, overbought, and overbullish, and to establish more constructive exposure when conditions are overvalued, but oversold on a short - term basis (provided that the broad tone of market action still indicates a general willingness of investors to speculate).

He points out that all of Bendigo's earnings growth has been driven by «the effect of higher property prices on the valuation of its Homesafe portfolio».

High valuations versus history point to more muted future returns across most asset classes.

Why Low Returns Are Inevitable (Economist) When valuations are high, the math points to lower returns.

I'm just pointing out my gut feel for approximate ranges of deals that I've seen with Silicon Valley having the highest valuations, NY / LA / Boston / Boulder / Seattle having valuations in a slightly lower range but comparable and sometimes significantly lower prices in markets that don't have a healthy venture market.

Yet structurally lower interest rates point to sustainably higher valuation multiples than in the past.

If valuations remain high or increase, at some point higher yields may make bonds more attractive relative to equities.

In the U.S. and Europe today, a high starting point for valuations does create a headwind for future returns, we believe.

In addition, pure - play broadcasters are valued from 6 - 9x EV / EBITDA and one could argue that MEG deserves a valuation closer towards the mid point or higher for its peers when factoring the disposal of newspapers and accounting for the high quality locations of its key stations.

The founders, under some pressure, agreed to top up all the friends and family investors with an allocation out of their shares (and they had lots given the fact that both the high initial valuation and convertible had protected their pool) at the price point mandated by the VC.

However, as this recent Forbes article points out, the crowd typically pays for its lack of sophistication through higher prices (valuation) and less preference.

Saudi authorities are also struggling to reconcile their desire for the biggest possible pool of capital to achieve a high valuation, probably found in New York and London, with their preference for relaxed regulation, which would point to Hong Kong.

But it's her focus on customisation, an accessible price point (average basket size is $ 100) and an oh - so - specific retail strategy — most of her stores are in college towns, or in cities or neighbourhoods where the brand's online sales are high — that have resulted in annual revenue of $ 150 million and a valuation north of $ 1 billion.

«Even in growth - land the valuations are high and fundamentals are at the point where things are not really getting better anymore.»

If July turns out to be the low point for this bear market, it will then mark the second highest level of valuation that a cyclical bull has ever started from (the highest starting valuation level was in 2003).

Yet structurally lower interest rates point to sustainably higher valuation multiples than in the past.

My view is that it is best to maintain a moderate position in stocks at times of high valuation and that it is also best not to go too extreme on the high side in one's stock allocation at times of low valuation (because in the short - term stocks may drop sharply even from a starting point at which valuations are low).

The proposal, led by a mutual fund with investments in Oracle, points out that multiple studies show that board and managerial diversity are linked to better corporate performance and higher stock market valuations.

Earnings Yield charts seem to indicate all valuations are approaching high points.

It's called The «Why» Behind Michael Kitces» Strange Finding That High Valuations Point to Low Returns Only for a Time and Then to Higher - Than - Normal Returns.

Juicy Excerpt: The core point that is being made here — that stock valuations have remained high for a very long time — is 100 percent correct.

High stock valuation levels can mean lower expected stock returns, and low bond yields usually point to lower future bond returns.

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.

He said that the 1.6 number was an outlier that was based on very few data points because we have never before in U.S. history seen valuations as high as those that applied in early 2000 (it was a P / E10 value in the low 30s that brought on the Great Depression).

In addition, pure - play broadcasters are valued from 6 - 9x EV / EBITDA and one could argue that MEG deserves a valuation closer towards the mid point or higher for its peers when factoring the disposal of newspapers and accounting for the high quality locations of its key stations.

Nevertheless, the higher valuations for both stocks and bonds may point to an increased potential for unexpected developments to disrupt the markets in the months ahead.

DIS sports much higher dividend growth (as I pointed out in the article and valuation analysis) than many other stocks with higher yields.

At what point does excessive valuation turn quality into high risk investments?

I would highlight that equity market valuations at this point generally are quite high....

At that point, I'll have to decide whether it's fairly valued — or whether management will reinvest cash & ultimately raise RoE back to historic levels (20 %, for example), which would obviously justify a far higher valuation.

He pointed to an observation made by Warren Buffett that, if interest rates stay below 3 percent, higher valuation levels for stocks make sense.

Since the modern Chevron got created in 2000, the current valuation gives investors the highest starting yield out of any point in the past fifteen years.

The direct cause that most of these estimates point to is high current valuations of stocks.

Public companies usually have higher valuations than private companies, because the shares are more liquid, more accessible, and the reporting / compliance requirements instill a level of trust from the point of view of investors.

The notion is that stability is low risk and volatility is high risk, but actually the difference between or the tipping point between risk and reward is the valuation, i.e., what is priced in?

The merger of Marriott and SPG can be very exciting for those of you who've been collecting points with one company or the other because it gives the opportunity to access more ways to use your points and in some instances get a higher valuation for your points.

This is higher than our valuation range for Elevate points (1.5 - 2.3) and comparable with the value we found from our testing.

In practice these are fairly blunt tools that tell me «1 cent a point for American miles is a really good deal» but that I'm not going to spend 2 cents unless there's a very specific scenario — like a few points at the margin to top off an account for an award I've put on hold — where it makes sense (and in that scenario, my valuation of each point is higher since they're helping me to save with a real redemption).

Valuation: Starpoints have been the most valuable loyalty currency on this list for a while, but a few unexpected uses of points recently has me valuing them even higher.

On the margin point, the trial Judge made the observation that most claimants seemed to contend that all valuations were «standard»; clear reference to the analysis of the authorities on the issue set out by Mr Justice Coulson in K / S Lincoln v CB Richard Ellis and the tendency for those bringing claims to argue for the lowest possible margin; but accepted that this valuation was in the exceptional category but at the lower end of such — a firm steer that in the right case a higher margin would be achievable.

Appraisers need data to support higher valuation, and at this point there is not a substantial enough database to support appraising green buildings differently from conventional buildings, he says.