Sentences with phrase «over long horizons of»

We know that measures that are insensitive to cyclical profit margin variations (e.g. market cap / GDP, price / revenue) perform strongly over long horizons of ~ 10 years, and far better than popular, widely - quoted measures that ignore those variations.

Not exact matches

In periods of rising volatility, pharma companies are often especially vulnerable because of investors are paying big prices today for therapies expected to pay off over a long horizon.

If Exxon's compensation committee wishes to really enforce longer term views, they must not only do it in the time horizons over which pay is doled out but also in the time horizons of the metrics used to determine pay itself.

To help extend your savings at retirement over a longer time horizon, work with an advisor to assess both your investment allocation and your draw - down strategy in relation to the number of years you expect to live, he said.

Klitgaard and Weir note that macroeconomic models — which often are based on interest rates, prices, and GDP — can help explain exchange rate changes over long horizons, but do a poor job of tracking daily, weekly, or monthly changes.

Interestingly enough, it's actually so simple, and so straightforward, that it would have helped almost any investor make quite a bit of money over the past couple of centuries regardless of market conditions provided he or she had a long enough time horizon.

Since a larger share of deposit rates are fixed than are loan rates, this will overstate the effect on cash flows over longer time horizons, though the extent of this bias has not necessarily changed over time in an obvious way.

This can be true even for investors today since (over a relatively long horizon) the benefit of the tax deduction can offset the cost of paying the higher interest rate on interest - only loans that now apply.

By contrast, consider a young worker with a long time horizon to save for retirement, expectations of growing employment income over time, and an aggressive portfolio allocation of 80 % stocks and 20 % bonds.

Fidelity believes one of the best ways to do that over the long term is by considering an appropriate amount to invest in a diversified portfolio of stock mutual funds, exchange - traded funds (ETFs), or individual stocks as you plan and implement an investment strategy that fits your time horizon, risk preferences, and financial circumstances.

While in this example the difference might be a difference of less than $ 100 over a year, your investment time horizon is far longer than one year.

If the speculative bubbles and crashes across market history have taught us anything (particularly the repeated episodes of recklessness we've observed over the past two decades), it's this: regardless of the level of valuation at any point in time, we have to allow for the potential for investors to adopt a psychological preference toward risk - seeking speculation, and no amount of reason will dissuade them even when that speculation has already made a collapse inevitable over a longer horizon.

The essential thing to understand about valuations is that while they are highly reliable measures of prospective long - term market returns (particularly over 10 - 12 year horizons), and of potential downside risk over the completion of any market cycle, valuations are also nearly useless over shorter segments of the market cycle.

Currencies are complicated, and we believe that taking FX risk is not rewarded over the medium to long - term investment horizons of most investors.

A three - step process to anticipate and shape change, beginning with the identification of 70 + macro drivers that were refined into 8 dynamics defining the future for connected consumers, which constituted the basis for a highly immersive two - day Future Forum bringing together 10 outside experts, 13 internal stakeholders and 14 agency partners, from which a consumer - centric company vision and Future Playbook was developed around «4 Big Bets» over near -, mid - and long - term horizons.

That's not just because of wobbly data and economic risks on the near - term horizon; it's also because of the way the Bank has begun to see the Canadian economy evolving over the long run.

Over that kind of longer time horizon, equity returns are more likely (but not certain) to average out to something that resembles their historical record.

«The longer you can extend your time horizon the less competitive the game becomes, because most of the world is engaged over a very short time frame» William Browne

a) investing their own money alongside you, so your interests are aligned b) a stake in the company they work at i.e. it is a partnership or employee - owned c) a proven ability to outperform an index over the long - term (at least 10 years) d) reasonable charges — preferably no more than a 1 % management fee and no performance fee e) a concentrated, high conviction portfolio i.e. they do not just hug their benchmark f) a low - asset - turnover ratio i.e. they have a long - term investment horizon and rarely sell investments g) a proven ability to preserve capital during the bad times h) a stable team who have worked together for a number of years.

We are certainly not pleased with near - term underperformance, but we remain confident that our focus on business value and our extended investment time horizon will position the Fund for favorable results over longer periods of time.

2) By extending the projection horizon by an extra market cycle (~ 6 years - the current half - cycle is quite long - in - the - tooth from a hisorical perspective) the effect of mean reversion has a greater chance to dominate the occasional noise that emerges (e.g. during the tech bubble) over shorter horizons.

At present, investors have no reasonable incentive at all to «lock in» the prospective returns implied by current prices of stocks or long - term bonds (though we suspect that 10 - year Treasuries may benefit over a short horizon due to continued economic risks and still - unresolved debt concerns in Europe, which has already entered an economic downturn).

Attempting to smooth out the ride for long - term investors over their investment time horizon is important — as it reduces the temptation to abandon a diversified allocation when one asset class is outperforming or underperforming others during a shorter period of time.

We remain confident that our focus on business value and our extended investment time horizon will position the Fund for favorable results over longer periods of time.

We'll rely on equities and property to keep us ahead of inflation over the long - term and look into more short - term conventional bond funds as our model portfolio's time horizon ticks down.2

On the basis of valuation measures most tightly related to actual subsequent long - term market returns, we also estimate that the S&P 500 is likely to be lower 12 years from now, compared with current levels, though dividend income may push the total return just over zero on that horizon.

High oil prices may well lead to a collapse in demand over the long term, resulting in a speeding up of the energy transition that most experts see on the horizon

I think it can work really well over a really long time horizon for an individual investor who isn't trying to make a career out of this.

While this approach to investing can be challenging at times when we find ourselves on the wrong side of market trends, our confidence in its efficacy over a long - term investment horizon is unwavering.

In their April 2009 paper entitled «Inflation Hedging for Long - Term Investors», Alexander Attie and Shaun Roache assess the inflation hedging properties of traditional asset classes over different investment horizons.

So market returns over a small number of years can experience enormous swings, but average annual returns appear much more stable when we examine a very long investment horizon.

Once it was when from the summit of a high mountain I looked over a gashed and corrugated landscape extending to a long convex of ocean that ascended to the horizon, and again from the same point when I could see nothing beneath me but a boundless expanse of white cloud, on the blown surface of which a few high peaks, including the one I was on, seemed plunging about as if they were dragging their anchors.

Reaction: Hodgson lionises England record - chaser Rooney (Euro 2016 qualifying) Report: Rooney sees off Slovenia to close on record (Euro 2016 qualifying) Reaction: Coleman foresees glory for conquering Wales (Euro 2016 qualifying) Report: Bale sinks Belgium to fire Welsh dreams (Euro 2016 qualifying) Reaction: Hodgson tells under - fire Sterling to toughen up (friendly) Report: England and Ireland draw a blank in Dublin (friendly) Reaction: De Gea uncertainty clouds Man United's horizon (Premier League) Report: Arsenal thwart Man United as De Gea departs (Premier League) Reaction: Liverpool prepare for life without «irreplaceable» Gerrard (Premier League) Reaction: Gerrard «devastated» after final Anfield game (Premier League) Report: Gerrard says farewell as Crystal Palace poop party (Premier League) Reaction: Arsenal manager Wenger irked by Swansea «accident» (Premier League) Report: Arsenal sunk by Fabiański and Gomis (Premier League) Reaction: Rodgers accuses Fàbregas as Liverpool's top - four bid fades (Premier League) Report: Chelsea close Champions League door on Liverpool (Premier League) Reaction: Mourinho steels Chelsea for challenges ahead (Premier League) Report: Hazard storms Palace to give Chelsea title (Premier League) Reaction: Mourinho feels the love despite Chelsea jibes (Premier League) Reaction: Arsenal «boring», not Chelsea — Mourinho (Premier League) Report: Arsenal stalemate delays Chelsea coronation (Premier League) Reaction: Fight for final places, Sherwood tells Villa (FA Cup) Report: Aston Villa end Gerrard's FA Cup dream (FA Cup) Reaction: Mourinho calls for caution as title beckons (Premier League) Report: Hazard fires clinical Chelsea closer to title (Premier League) Reaction: Van Gaal says Man United top dogs after derby romp (Premier League) Report: Man City blown away by Man United fightback (Premier League) Reaction: Hodgson urges Kane to build on perfect debut (Euro 2016 qualifying) Report: Rooney, Kane on target in England stroll (Euro 2016 qualifying) Reaction: Van Gaal beams after Man United storm Anfield (Premier League) Reaction: Gerrard sorry for red card against Man United (Premier League) Report: Gerrard off as Mata brace ends Liverpool run (Premier League) Reaction: PSG revel in Champions League breakthrough (Champions League) Report: Thiago Silva and 10 - man PSG claim Chelsea revenge (Champions League) Reaction: Wenger thrilled as Welbeck proves point (FA Cup) Report: Old boy Welbeck fells Man United in FA Cup (FA Cup) Reaction: Rodgers rues cost of Liverpool resurgence (FA Cup) Report: Blackburn intrude on Gerrard's FA Cup dream (FA Cup) Reaction: Wembley win leaves Mourinho feeling «like a kid» (Capital One Cup) Report: Clinical Chelsea earn Mourinho third League Cup (Capital One Cup) Reaction: Man City stirrings give Pellegrini Barça hope (Champions League) Report: Suárez scores brace as Barcelona down Man City (Champions League) Reaction: Rodgers plots Liverpool assault on top four (Premier League) Report: Coutinho rocket sinks seething Southampton (Premier League) Reaction: Van Gaal defends Man United's «long - ball» tactics (Premier League) Report: Blind late show rescues spluttering Man United (Premier League) Reaction: Pellegrini remains hopeful as Mourinho sulks (Premier League) Report: Silva keeps Man City on Chelsea's heels (Premier League) Reaction: Mourinho cries foul over Costa «stamp» claims (Capital One Cup) Report: Ivanović sinks Liverpool as Chelsea reach final (Capital One Cup) Reaction: Odds were against Man United — Van Gaal (FA Cup) Report: Minnows Cambridge hold Man United in FA Cup (FA Cup) Reaction: Rodgers buoyed by Sterling - inspired Liverpool (Capital One Cup) Report: Sterling slalom checks Chelsea in League Cup (Capital One Cup) Reaction: Arsenal masterclass sets standard, says Wenger (Premier League) Report: Cazorla stars as Arsenal stun Man City (Premier League) Reaction: Van Gaal defends methods after United defeat (Premier League) Report: Tadić strike punishes shot - shy Man United (Premier League) Report: Bloodied Skrtel earns Liverpool a point (Premier League) Reaction: In - form United «forcing luck», says Van Gaal (Premier League) Report: De Gea stars as United deepen Liverpool gloom (Premier League) Reaction: Liverpool will «fight» for return — Rodgers (Champions League) Report: Basel thwart Liverpool to reach last 16 (Champions League) Reaction: Van Persie rescued United, admits Van Gaal (Premier League) Report: Van Persie sends lacklustre Man United third (Premier League) Report: Agüero undoes Southampton as Man City go second (Premier League) Report: Stunning Agüero treble gives Man City hope (Champions League) Reaction: Hodgson dismayed by England fan chants (friendly) Report: Rooney at the double as England silence Scots (friendly) Report: Rooney, Welbeck inspire England fightback (Euro 2016 qualifying) Report: Tevez returns as Argentina overcome Croatia (friendly) Reaction: Man City have «crisis of confidence» — Pellegrini (Champions League) Report: Nine - man Man City left on brink by CSKA Moscow (Champions League) Reaction: Van Gaal says beaten Man United getting closer (Premier League) Report: Agüero gives City spoils against 10 - man United (Premier League) Reaction: Shocks are warning for England, says Hodgson (Euro 2016 qualifying) Report: Rooney on mark as England school San Marino (Euro 2016 qualifying) Reaction: Mourinho urges Chelsea to stay grounded (Premier League) Reaction: Wenger plays down Mourinho touchline spat (Premier League) Report: Hazard, Costa sink Arsenal in stormy derby (Premier League) Reaction: Pellegrini rues carelessness after Roma hold City (Champions League) Report: Totti makes history as Roma thwart Man City (Champions League) Reaction: Rodgers heartened by Liverpool resilience (Champions League) Reaction: Van Gaal wants more from match - winner Di María (Premier League) Report: Falcao debuts as Man United crush QPR (Premier League) Reaction: Hodgson hails Welbeck for biding his time (Euro 2016 qualifying) Report: Welbeck gives improved England winning start (Euro 2016 qualifying) Reaction: Angry Hodgson dismisses England statistics (friendly) Report: Rooney rescues England in turgid Norway win (friendly) Reaction: Wenger backs Sánchez to fill Giroud's shoes (Champions League) Reaction: Pellegrini gladdened by Jovetić display (Premier League) Report: Jovetić at the double as Man City sink Liverpool (Premier League) Reaction: Ancelotti predicts «new cycle» for Madrid (UEFA Super Cup) Report: Ronaldo still the boss as Madrid win Super Cup (UEFA Super Cup) Reaction: Wembley win sets tone for Arsenal — Wenger (Community Shield) Report: Vibrant Arsenal down Man City in Community Shield (Community Shield) Reaction: «Lethargic» Arsenal not ready yet — Wenger (Emirates Cup) Report: Falcao scores comeback goal to sink Arsenal (Emirates Cup) Reaction: Wenger enthused by Sanogo - Campbell double act (Emirates Cup) Report: Sanogo upstages Sánchez in Arsenal romp (Emirates Cup)

The challenge of acting over a longer time horizon is not simply one for this Government, or even just for politics.

A team led by scientists at Lawrence Berkeley National Laboratory found that the type of plant inputs (that is, root or needle litter) affected total carbon and nitrogen retention over 10 years, but that soil horizon (essentially, the layer of soil, such as the topsoil organic or deeper mineral layers) affected how the litter - derived soil organic material is stabilized in the long term.

Couple that statement with the fact that many long - time fans have already expressed concern over a somewhat limited character roster, dumbed down / more accessible gameplay, the fear of an Ultimate edition on the horizon and a lackluster story mode that rather than stand toe to toe with other rival studios (NetherRealm.)

As reform ideas expand from school choice to educational choice — not just where a child learns but how they learn — more research is needed on the accounts to determine how a menu of educational choices affects student achievement and parent satisfaction over a longer time horizon.

Of course, when you look over this longer 15 - year time horizon, there isn't any deterioration to worry about either.

The long, wide column flowed over the rolling landscape, receding into the distance and still visible on the farthest ridge of the horizon.

UVXY is intended for short - term investment horizons, and investors holding shares over longer - term periods may be subject to increased risk of loss.

Historically, the outperformance of value has been associated with a rising interest - rate environment; as the US Federal Reserve Board (sometimes referred to as «the world's central bank» for the far - reaching impact of its policies) attempts to begin raising rates, we see a potential catalyst for a value recovery over our long - term investment horizon.

Medium - and long - term bonds are also quite «safe» (over an investment horizon of several years).

While factors have exhibited excess risk - adjusted returns over long time periods as seen above, over short horizons factors exhibit significant cyclicality, including periods of underperformance.

The whole point of tax - free compounding over a long time horizon is that the young can truly generate huge sums if they max out contributions from day one and also invest wisely in diversified equity - heavy portfolios.

Over the (very) long run, equities out - perform bonds and cash, as is evident below, but may not be practical alternative to bonds for many investors, because of investment horizon, risk - tolerance, dependence on yield, or all the above.

Because earnings measured over shorter horizons such as one year are extremely volatile and mean reverting, the ratio of prices to current earnings does not predict future long - term returns.

Its unique asset allocation is designed to optimize the goals of retirement income, return maximization and diversification of investments to generate long - term returns, no matter the economic conditions over the investment horizon.

Studies after studies have demonstrated conclusively that the primary determinant of portfolio returns over a long investment horizon is asset allocation with little benefit ascribed to stock selection.

One rule of thumb: If you're reinvesting your interest payments, you will benefit over the long haul if interest rates rise, provided your investment time horizon is longer than the duration of your bonds or bond funds.

With a sufficiently long time horizon, there is little risk to stock investing, because the impacts of stock volatility become less over time.