Valuations, even though they've increased, are not as toppy
on a relative basis as some of the other categories, but hospitality also has probably some long - term structural headwinds compared with the other categories.
Not exact matches
M&A will never be 100 % successful and we learn from every deal we do, and so not to pick
on any specific deal, but I've learned,
based on relative success of deals we've done in the past, is making sure the key leaders at the company share a vision with the founder, making sure the strategy drives the M&A,
as opposed to the M&A driving the strategy, and making sure we have good support mechanisms for these companies after they come in.
We look at venture capital investments by state,
as well
as small - business lending
on a
relative basis.
As a result fewer dollars
on a
relative basis will be available to buy treasuries.
There is no doubt that,
based on pure, cold, logical data, stocks are the single best long - term performing asset class for disciplined investors who are not swayed by emotion, focus
on earnings and dividends, and never pay too much for a stock, often
as measured
on a conservative beginning earnings yield
relative to the Treasury bond yield
basis.
Equity markets have appreciated sharply in recent years, and valuations,
based on price - to - earnings ratios, in developed markets were not cheap
relative to their historical averages
as of late 2017.
In contrast, when investment falls
relative to saving
on an ex ante
basis, an economy weakens and may slip into recession,
as was the case between 2007 and mid-2009.
Lipper rankings are
based on total return without sales charge
relative to all share classes of funds with similar objectives
as determined by Lipper.
While this move will likely cause some anxiety, we view the chances of a significant inflation overshoot
relative to target
as low and think that the Federal Reserve can and will stay
on a gradual rate hike path (our
base case).
SPMV is
based on the S&P 500 Minimum Volatility Index, but offers some important differences
relative to rivals such
as the iShares Edge MSCI Min Vol USA ETF (NYSE: USMV) and the PowerShares S&P 500 Low Volatility Portfolio (NYSE: SPLV).
Banks are sitting
on such vast quantities of excess reserves — paid to do so by the Federal Reserve
as it pays a
relative high interest rate
on reserves — that the monetary
base is larger than M1.
As a result, EM stocks, as measured by the MSCI Emerging Markets Index, look fairly cheap on an absolute basis and very cheap relative to developed market equities, as measured by the MSCI World Inde
As a result, EM stocks,
as measured by the MSCI Emerging Markets Index, look fairly cheap on an absolute basis and very cheap relative to developed market equities, as measured by the MSCI World Inde
as measured by the MSCI Emerging Markets Index, look fairly cheap
on an absolute
basis and very cheap
relative to developed market equities,
as measured by the MSCI World Inde
as measured by the MSCI World Index.
Liaison with market participants suggests that spreads
on ABCP picked up sharply in August,
as in the US, to be around 30 — 50
basis points above the bank bill rate
relative to 2 - 5
basis points over recent years (Graph 8).
As a home buyer, your ability to get approved for a mortgage is
based on three main factors — your down payment
on the home, your current credit score, and your household income
relative to your household debt.
It makes risk assets such
as equities and local EM bonds look attractive
on a
relative basis.
About two weeks ago, Siamak Namazi, the head of strategic planning at Crescent Petroleum Co., was arrested
as he was visiting
relatives in Tehran from his home
base in Dubai, according to people briefed
on the situation.
The Russell 2000 Value Index is a subset of the securities found in the Russell 2000 selected
based on a «probability» of value
as measured by their
relative book - to - price (B / P) ratio.
In his February 2015 paper entitled «The Search for Crisis Alpha: Weathering the Storm Using
Relative Momentum», Nathan Faber tests a dual momentum safe haven
based on U.S. Treasuries of different durations
as proxied by either constant maturity indexes or exchange - traded funds (ETFs).
Further, it considers such past forces and individuals
as praiseworthy
on whose work our present existence and
relative welfare are
based.
Calculations (3:141 - 56)
based on Whitehead's theory (2:303) showed that the orientation of the two masses
relative to the center of the galaxy should produce a variation in the attraction between the two masses, and hence in the gravimeter's readings:
as the earth rotates, bringing the earth, gravimeter, and galaxy center alternately into and then out of line, Whitehead's theory predicts that the attraction should likewise vary periodically, with period 12 hours (i.e., the galaxy center, gravimeter, and earth are in line twice a day.)
Those who argue against same - sex marriage
on the
basis of its potential to diminish the effectiveness of the institution
as a solid foundation for social stability have not thought about the price we have already paid for this personal freedom, or the historical reality that most citizens of Western Nations have already chosen to pay it rather than choose the
relative social stability / security of tribalistic collectivism.
This article was about the best attack Arsenal can muster
based on the
relative strengths of the players available to Arsenal this season
as, last season, a certain poverty of attack robbed Arsenal the bragging rights of title holders.
Roma's Radja Nainggolan tops the list of potential candidates, achieving a stunning 83.9 % transfer match
based on a number of factors, including the number of defensive errors leading to a chance (per 90 minutes) alongside other indicators such
as their age
relative to the peak playing age for that position, the
relative status of their club and percentage of possible league minutes played.
In
relative terms, however, we are performing better away (
as we did last year); league tables
based solely
on either home or away games would have us 15th and 6th respectively compared to 7th and 4th respectively over the course of 2015/16.
This paper considers women's filing
as rational behavior,
based on spouses»
relative power in the marriage, their opportunities following divorce, and their anticipation of custody.
The effect of these kinds of supports
on home visitors has not been well studied, but some research
on similar interventions indicates implementation of evidence -
based practices with fidelity monitoring and supportive consultation predicts lower rates of staff turnover,
as well
as lower levels of staff emotional exhaustion
relative to services
as usual.29, 30,31 Moreover, a supportive organizational climate has been associated with more positive attitudes toward adoption of evidence -
based programs.32
Venneman and colleagues5 recently demonstrated that infants who are formula fed are twice
as likely to die of SIDS than breastfed infants
based on a case control study of 333 SIDS cases compared to 998 aged matched controls in Germany, from 1998 - 2001, consistent with previously published reports.35 While no studies show that co-sleeping in the form of bedsharing, specifically, is imperative for breastfeeding enhancement, many studies have shown that in order to get more sleep and to ease caring for their infants the decision to breastfeed often leads mothers to adopt routine bedsharing for at least part of the night36 - 40 even where they never intended to do so.41, 42 Indeed, nearly 50 % of breastfeeding mothers in the United States and Great Britain adopt bedsharing for some part of the night,38,43 - 45 and breastfeeding women are twice
as likely to sleep with their babies in the first month
relative to mothers electing to bottle - feed.39
These ads are naturally targeted
based on each blog's particular niche, and ads
on specialized sites such
as local or regional political blogs frequently reach very influential audiences at a low
relative cost.
@Alexei Money or possessions given to a friend or
relative on an individual
basis, and not
as payment or in return for payment, would be classified
as a Gift in US Taxes, and called a gift in US English.
These figures would also offer grim tidings for Fine Gael, a party that would be at a similar level of decline,
as Labour,
relative to the 2011 General Election figures
based on this opinion poll.
Resource allocation operates
on the
basis of
relative expenditure need,
as agreed through political judgement.
Based on the anatomical features of the fossil, Isthminia was either a close
relative or ancestor of today's Amazon river dolphin (which probably invaded South America's river systems when sea - level rise expanded those habitats about 6 million years ago), or it was a descendant of an older and
as - yet - undiscovered river dolphin that went back to sea.
The areas to be remapped will be
based on their
relative dangers to navigation, effects from the storm, and discussions with state and local officials
as well
as the maritime industry.
They then compared genetic sequences with the genome of the still common domestic pigeon (Columba livia) and,
based on those comparisons, estimate they captured between 57 and 75 percent of the passenger pigeon's genetics (assuming that its genome was roughly the same size
as its
relative's).
As for how many people the planet can sustain, the first such estimate came from microbiologist Anton van Leeuwenhoek who calculated roughly 13.4 billion people back in 1679,
based on the population density of his native Holland and its size
relative to the rest of the globe.
But geneticists chose Arabidopsis
as their model organism
based on its
relative genetic simplicity,
as well
as its short generation time.
And while China is still not committed to absolute emissions reductions in global climate negotiations, experts say its «intensity -
based» U.N. carbon reduction targets, which are
based on improving the
relative efficiency of industrial processes, could be
as effective
as Western - style absolute cuts in emissions.
But until archaeologists have excavated domestic sites
on the Maltese islands, we will not know the
relative importance of other imported materials, such
as flint and obsidian, for a domestic economy that was essentially
based on local agriculture.
Previous laboratory findings
as well
as estimates of fitness
based on genetic clustering of strains in the population suggested a lower
relative fitness for MDRTB compared to drug - susceptible tuberculosis, but few studies have directly measured the incidence of second cases of tuberculosis among contacts of both MDRTB and drug - susceptible tuberculosis.
[
Based on the
relative concentrations of salts such
as potassium and sodium in the cytoplasm of all biological cells and questions regarding the formation of their fatty - acid membranes, however, scientists have also theorized that life began in hot springs
on land rather in the oceans (Mulkidjanian et al, 2012; and Colin Barras, New Scientist, March 10, 2012.)-RSB-
I used was the surface temperature responses from histAll --(histGHG + histNatural) to obtain the response to aerosols + ozone + land - use and derive the enhancement of the response for that case
relative to WMGHGs that I called E. Calculation of TCR
based on histAll in a model is approximately the same
as calculating the sum of responses to histGHG, histNat, and histInhomogeneous where the latter includes the factor E.
A subsequent analysis using the most recent kinematic and radial velocity data available in the literature, however, found Proxima «is quitely likely» to be bound to to Stars A and B
based on calculations of the binding energy of Proxima
relative to the center of mass of the entire triple system, where its orbital semi-major axis exceeds 10,000 AUs and is «
on order the same size
as Alpha Centauri AB's Hill radius in the galactic potential» (Wertheimer and Laughlin, 2006).
Variations in this marker allowed them to determine which two of the parents» four genes were passed
on to children suffering from ADHD, a technique known
as haplotype -
based haplotype
relative risk analysis.
Based on differences in imputed nsSNP allelic frequencies in different genetic backgrounds, likelihood measurements were calculated for European
relative to African genetic backgrounds, with distinct patterns emerging
as a function of genetic background.
Presenting results
as hazard ratios or
relative risks always makes effects look large — «a 30 per cent heightened risk of developing type 2 diabetes» sounds like a big effect but
based on figure 2 it looks like statins may be associated with an increase in the annual rate of new diabetes from about 6 per 100 people to approximately 8 per 100 people over a 10 year period.
In other words, the estrogen drops,
as well
as the progesterone drops, while they are within normal ranges
on an absolute
basis, the end results is a
relative increase of estrogen in the body.
Magnitude is
based on the
relative difference in the change score, a
relative percent difference, using the baseline mean in the meditation group
as the denominator.
Based on the best - selling prize - winning novel by Meg Rosoff, «How I Live Now» is the latest film from director Kevin Macdonald («Touching The Void,» «The Last King Of Scotland,»), and toplines Saoirse Ronan
as an American teen, Daisy, who comes to stay with distant
relatives in a time of strife.
Illustrative of this, when we divided teachers into five equal - sized groups
based on the average prior academic achievement of their incoming students, we found that roughly three times
as many (29 %) of the teachers with the least prepared incoming students were identified
as low performing
based on classroom observations
relative to teachers with the most prepared students incoming students (11 %).
We also investigate two measures of research quality — one
based on a measure of the
relative importance of a scholar's research in the field, and the other a measure of national or international prominence
as reflected by major awards.