Sentences with phrase «regression to the mean rather»
The rationale was regression to the mean rather than price to book; I originally felt that all those portfolio managers who dumped the stock at $ 30 because the company was under investigation, would find it attractive again at $ 60 when the investigation was resolved, the settlement made and operations returned to normal.
https://longtermvalue.wordpress.com/ Not exact matches
«It bears repeating that most investors extrapolate past performance, expecting the continuation of trends rather than the far - more - dependable regression to the mean.
This phenomenon leads to nonsense when people attribute the regression to the mean to some particular scientific law, rather than to the natural behavior of any random quantity.