Sentences with phrase «independent estimates of value»

Markets with a large number of independent estimates of value are likely to be more efficient, even if those estimates are all individually flawed (See «Market Efficiency and the Bean Jar Experiment»).

Not exact matches

Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.

If they received the national living wage, the estimated value of their work would total # 30 million annually, the Independent Food Aid Network (Ifan) found.

With a projected revenue of N3.86 trillion in the face of dwindling crude oil receipts, government estimates that oil revenues contribute N820 billion of the total revenue; non-oil revenues, comprising Company Income Tax, CIT, Value Added Tax, VAT, Customs and Excise duties, and Federation Account levies, are expected to contribute N1.45 trillion; while independent revenues are expected to contribute N1.51 trillion through the enforcement of the Fiscal Responsibility Act, 2007 and public expenditure reforms in all MDAs.

However, a new paper in GRL this week by Annan and Hargreaves combines a number of these independent estimates to come up with the strong statement that the most likely value is about 2.9 ºC with a 95 % probability that the value is less than 4.5 ºC.

The value - added measures are designed to provide estimates of the independent effect of the teacher on the growth in a student's learning and to separate this from other influences on achievement such as families, peers, and neighborhoods.

The Independent Sector's latest estimated value of volunteer time is $ 23.07 per hour.

Downside Protection: Based on our analysis, subsequent to the transaction, if MediciNova is unsuccessful Avigen stockholders will receive a modest discount to the current liquidation value of Avigen (which we estimate to be approximately $ 1.20 / Share, net of debt and expenses), as determined by an independent auditor.

We rely on our proprietary Investment Model to arrive at a first approximation of intrinsic value and then further refine our estimate through our independent research and experience.

Clinical Sciences faculty are responsible for many programs independent of the department such as Cornell Ruffian Equine Specialists, Cornell Veterinary Biobank, Estimated Breeding Values (EBV's), Equine Performance Clinic, Sprecher Institute for Comparative Cancer Research, and the Swanson Wildlife Health Clinic.

Now you come along and suggest the two estimates are independent random estimates of the same value and suggest that the actual value is (1.52 +1.69) / 2 = 1.61 kg with some improved accuracy.

If you can estimate a probability distribution for the values of each independent input variable in a model (called a probability density function or pdf), you can run many simulations where the value of each independent variable in each cell for each run is selected from the probability density function for that variable.

The persistent gap between the company's public statements on the flow of oil and its internal estimates illustrates the value of having independent assessments — and independent eyeballs on the seafloor, perhaps.

That leads to the IPCC conclusion that it is «very likely» that anthropogenic factors have «made a substantial contribution to upper ocean warming» using a method independent of observation estimates of the value of individual fluxes.

With the availability of about 40 observed independent events, one could provide a crude estimate the probability of each conditional outcome and with the availability of another 40 observed independent events, one might be able to demonstrate a modest level of statistical significance for predictions that were based upon the estimated probability values.

The standard measure of reconstructive skill, the «reduction of error» metric («RE») used by MBH98, was used to evaluate the fidelity of the resulting reconstruction using 19th century instrumental data that are independent of the calibration (RE < 0 exhibits no skill, while RE = -1 is the average value for a random estimate).

It is not appropriate to compare the lowest and highest values across these ranges against the single range given in the TAR, because the TAR range resulted only from projections using an SCM and covered all SRES scenarios, whereas here a number of different and independent modelling approaches are combined to estimate ranges for the six illustrative scenarios separately.

The insurer hired an independent adjuster to estimate the actual cash value loss and damage, The adjuster used four different methods to estimate the value, and then averaged them to come up with a value of $ 1,146,248.00.»

Although, it is not possible to attach a rupee value to human life, it is nonetheless important for you to estimate the value of your life in terms of what it will take for your family members to be financially independent in your absence.

Appraisal: A report from an independent third party detailing the estimated value of real estate.

Although there are other independent measures of a home's value, including Zillow's rival Trulia's estimate and independent home appraisals, a home's Zillow Zestimate is considered by many buyers to be the most reliable gauge of a home's value.

Though no independent or academic studies have been published estimating the effects of the new tax legislation on home values and prices, most studies to date have concluded that federal tax benefits are a component of property values.