Sentences with phrase «net change in valuation»

Interestingly, if over the course of the forecast horizon, they go up and then revert back to where they are today, the effect on the return will actually be negative, because there will be no net change in valuation, but some of the ensuing dividends will have been reinvested at higher valuations than those available today.

Not exact matches

There has, therefore, been little net change in net holdings of foreign exchange reserves, apart from valuation effects arising from exchange rate changes.

In that case, the change in valuation will make a net positive contribution to the overall return, which could push the total return well above 5.95 %, particularly on shorter forecast horizons where the annualized effect of the contribution would be greateIn that case, the change in valuation will make a net positive contribution to the overall return, which could push the total return well above 5.95 %, particularly on shorter forecast horizons where the annualized effect of the contribution would be greatein valuation will make a net positive contribution to the overall return, which could push the total return well above 5.95 %, particularly on shorter forecast horizons where the annualized effect of the contribution would be greater.

Also, we prefer management compensation to be tied to things management / workers can work on, like net operating income or change in book value, rather than stock valuations, which they can't affect much.

Historical factor returns — net of changes in valuation levels — are much lower than recent performance suggests.

Five - Year Forecasts We summarize the valuation ratios, historical returns, historical returns net of valuation changes, and expected returns along with estimation errors for the most popular factors and strategies in Table 2.

The idea is to produce a net worth that is more indicative of the actual value of investments rather than changes in the stock market valuation.