Sentences with phrase «other than valuations»

But our ability to predict future returns of individual stocks is limited because there are so many factors other than valuations that play a role.

Not exact matches

While Lyft never operated services in China, the complication adds heat to a U.S. market some say is winner - take - all, where one company has a valuation more than 10 times that of the other.
To find the wealthiest people in the world, Wealth - X looked at its database of dossiers on more than 110,000 ultra-high net - worth people and used a proprietary valuation model that takes into account each person's assets, then adjusts estimated net worth to account for currency - exchange rates, local taxes, savings rates, investment performance, and other factors.
They came in with a product the Sharks didn't understand and tried to raise at a valuation higher than any other company to appear on Shark Tank ever had.
That means that Snap stock will be insanely expensive: At a $ 24 billion valuation, Snap shares will have a price - to - sales ratio of 59, making it far richer than Facebook stock and other social media companies — and likely the most expensive tech IPO ever.
Softbank, and a consortium of other investors, bought their Uber stakes at a steep discount, valuing the company at about $ 48 billion — about 30 % less than its previous private valuation of $ 68 billion.
Bill Schultz: What you're seeing are valuations coming into play, for energy in particular, where they're much more reasonable than other areas.
While that's higher than peers such as Nikon and Canon, which have sales multiples closer to 1, it's still quite low compared to the valuations of other companies in the tech world.
In a recent valuation, the company became the only venture - capital - backed startup other than Facebook to ever reach a $ 50 billion valuation.
A number of other embarrassing debacles followed — including reports that Uber had used a software tool to try to deceive authorities by «hiding» rides — and ultimately resulted in a more than 20 % decrease to the once high - flying company's valuation, from around $ 70 billion to an estimated $ 54 billion.»
But other companies find that the «going concern» valuation prepared for an ESOP buyout is more than any other buyer is willing to pay.
Other value managers are buying stocks at higher valuations, but Chou is a deep - value investor who tries to find bigger discounts than his peers.
Yellen said asset valuations including stock prices in part reflect expectations that the Fed will normalize rates faster than other central banks.
MarketCap / GVA is better correlated with actual subsequent S&P 500 total returns than price / forward earnings, the Fed Model, the Shiller P / E, price / book, price / dividend, Tobin's Q, market capitalization to GDP, price / revenue and every other valuation ratio we've developed or examined in market cycles across history.
Given Lululemon's high valuation and lower margin opportunity prospects, Konik sees opportunity in other brands, particularly Under Armour because its valuations are lower than Lululemon's.
Asian stocks also have a more attractive valuation than these other two regions.
On the other hand, relative valuations are attractive: 10 - year U.S. Treasuries now yield about 150 bps more than the average among G - 7 peers1.
When I was raising money in late 1999 I had an investment team in Germany (I was in the UK) suggest that they should get a lower valuation than others because they were ex McKinsey guys and had better access to industry.
FireEye's share price plunged more than 70 percent in less than three months last year, after Chief Executive Dave DeWalt and other insiders sold shares, spurring investors to take a more critical look at the firm's finances and valuation.
The most reliable measures of individual stock valuation we've found are based on formal discounted cash flow considerations, but among publicly - available measures we've evaluated, price / revenue ratios are better correlated with actual subsequent returns than price / earnings ratios (though normalized profit margins and other factors are obviously necessary to make cross-sectional comparisons).
While other historically reliable metrics carry a very similar message, Market Cap / GVA has the highest correlation with actual subsequent 10 - year S&P 500 total returns than any other valuation ratio we've examined across history.
But don't imagine for a moment that current valuation extremes will end in something other than tragedy unless investors shift back from risk - aversion to a fresh round of speculation (which we would infer from market internals).
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
The YC documents are probably fine in situations where the investor (i) wishes to purchase equity rather than convertible debt, (ii) is otherwise somewhat indifferent on terms other than percentage ownership of the company, liquidation preference and right of first offer in future financings, (iii) is investing at a fairly low valuation (i.e. a couple of million dollars), and (iv) is only investing a small amount (i.e. a couple hundred thousand dollars or less).
They entail significant risks that can include losses due to leveraging or other speculative investment practices, lack of liquidity, volatility of returns, restrictions on transferring interests in a fund, potential lack of diversification, absence and / or delay of information regarding valuations and pricing, complex tax structures and delays in tax reporting, less regulation and higher fees than mutual funds.
Besides earnings, the other variable to consider is valuation and here, too, I am feeling a bit better about the potential upside for equities than just a few months ago.
In our valuations, most oil companies are priced less attractively than other businesses are, and we are comfortable continuing to own just the few we have.
Bottom line: Europe is an attractive investment story this year, with a narrative more about valuation and fundamentals, and less about late - cycle euphoria, than in other regions.
Your initial email should include a brief overview of the business, telling us in no more than one page about: - Your technology, any IP, and why it's better than the competition - Traction so far / planned route to market and your business model - Team - Funding until now, how much you're raising and at what valuation - Whether you envisage further funding rounds being necessary in the future You can include links to a business plan or any other documents with the email if you wish.
Understanding the industry is very helpful when valuing companies because different industries might have more useful valuation metrics than others.
If we're living in a low - rate world, and our only option other than holding cash is to buy the S&P at 30 times earnings, or a 30 year treasury at 2 %, or whatever other shitty deal is on offer, and you ask me what we should do, I can only answer the question by asking whether there will continue to be a ready supply of buyers at those valuations into the future.
But coming out of the internet bubble, Book - to - Price has started behaving differently than other valuation ratios, degrading to the point where for the last twenty years it has had almost no discernible benefit on stock selection.
«Because the ecosystem has become more transparent you are always competing with other firms,» says Ross Fubini, a partner at Canaan, who adds startups are still likely to choose the best venture capital firm, rather than the highest valuation.
If you can find something similar for your other property than why not reduce the headache, take profits on a high valuation asset, and increase liquidity in a late cycle?
Since no such sharing is possible, economists must eschew any valuation other than that of favoring an increase in overall well - being as measured by overall income.
The way of distinction, therefore, puts a positive valuation on the time - space continuum and, though it sees divine redemption as the remaking of history into something new, it can not conceive of divine - human interaction in other than historical terms which preserve the qualitative difference between God and man.
Consequently, there seems to be no other alternative than to consider these references to God as the non-temporal actual entity and developments concerning God as the conceptual valuation of eternal objects as mutually contemporar3; that is, in the sense that they must have been composed from the same conceptual perspective.
They were intending to buy the other 50 % of Nainggolan before this summer, but the Merseysiders could throw a spanner in the works by offering both clubs more than their valuation of the player.
Even though there are a number of teams with larger discrepancies between the Westgate win totals and our valuations, this edge is greater than any other team in football.
So, these stories of bids and rejections and improved bids are unlikely to be true — it is more than likely a club has to register an interest in a player they want to buy, and wait to see if his club makes its mind up to sell — and letting the other clubs and the player's agent know, and then sit back and await the club who are prepared to match their transfer valuation and meet the player's personal terms, while they go through the same process to recruit a replacement.
President Goodluck Jonathan Wednesday directed that a template for public sector projects valuation be set up to drive down the cost of contracts in the country which he said was higher than what obtains in other parts of the world.
Some analysts argue that since sales are harder for corporations to manipulate than net income, the price - to - sales metric is closer to the «true» valuation of the market than other valuation metrics.
The market's valuation in 2000 was so extreme that the resulting secular bear has the potential to be more extended than others, unless the market was suddenly to collapse to valuations near those where historical secular bulls have started (where stocks have typically been priced to achieve 10 - year prospective returns near 20 % annually).
«Even the rather crude assumption that past average earnings will be repeated in the future may be found a more reliable basis of valuation than some other figure plucked out of the air of either optimism or pessimism.»
The Shiller PE is naturally more conservative than other valuation metrics.
But one should keep an eye on top down valuation measures, if for no other reason than to confirm an investment idea that already makes sense to you — long or short.
P / E market data is bountiful than other more nuanced valuation metrics.
Looking at other valuation measures, the group of passing companies is priced more richly than the typical exchange - listed stock.
Since launching publicly in 2015 they've already managed to open more than two million accounts, an impressive feat considering other online brokerages such as Interactive Brokers report have over 436 thousand accounts (as of July 2017) but who've been around much longer and are substantially larger in terms of valuation.
If the valuation of a company is lower or higher than other similar stocks, then the next step would be to determine the reasons.
a b c d e f g h i j k l m n o p q r s t u v w x y z