Sentences with phrase «relative value point»

I second John's relative value point, but add one aspect on the positive side of bonds.
I second John's relative value point, but add one aspect on the positive side of bonds.

Not exact matches

«These changes will reflect the relative value Canadian employers place on foreign work experience, and redirect points to language and age factors, which are better indicators of success in the Canadian labour market.»
That scenario presented a relative value opportunity because the market was pricing the convertible 300 basis points lower (3 %) than the equivalent duration straight debt.
These environments can result from significant relative - value anomalies or inflection points in the economic cycle, for example.
Relative value managers could have taken a simultaneous long position in the manufacturer's convertible bonds and offset it with a short position in the company's equivalent duration straight debt to capture the 300 basis - point price differential.
«You have to recognize if a disruptive technological or structural industry change is underway or relative value will point you to a lot of value traps.
Relative value is a poor short - term timing mechanism, but at some point investor preferences will shift.
CenterSquare aims to uncover low relative price opportunities across sectors and at different turning points in the real estate cycle by looking beyond the obvious factors of stock price and underlying real estate value.
If issuance remains low as expected, the value of triple - A rated muni yields relative to 10 - year Treasuries should compress by five to ten basis points, from the current 82 - 85 % to 72 - 75 % of the 10 - yr Treasury yield.
From this vantage point, Japan looks cheap relative to the United States, with the other regions looking comparable to how they have been valued relative to the United States in the past.
We not only want to reveal to investors which firms are undervalued (both on a discounted cash flow and relative value basis), in our view, but we also want to provide investors with the information needed to anticipate entry and exit points.
So in regard to values, while it is true that they are by definition relative because arising from relationships, there may in point of fact prove to be values which are the same or nearly the same from person to person or time to time.
In other words, religion can, for the purpose of these theories, in principle be either reconstructed or abolished and seen as pointing to a more comprehensive theoretical system.4 By locating religion in a larger explanatory context it gives «its public claim to validity a purely relative value».5
How much did your actual production on the court translate into percentage contribution to wins (Win Shares), the net value of points scored while you were on the floor (Box Plus Minus), and the value that your individual game added relative to a «replacement level» player (VORP)?
They analysed a decade of Premier League matches to determine the relative value of goals and clean sheets in terms of picking up league points.
I was implicitly citing that Callaway point about the option eligible rotation, not making a value judgment about the relative quality of Sewald and Rhame.
When a figure of # 100 million was put to the Portuguese, he responded «plus one of their three best players», pointing to the relative young age of the Belgian as greatly increasing his value.
The FMA score increased and WMFT log performance time decreased significantly at discharge, relative to the respective values at admission (change in FMA score: median at admission, 47 points; median at discharge, 51 points; p < 0.001.
Using the point values for the tasks (which show the relative size of a task compared to other items that I assigned them on the project requirement list), students organize their teams around the work by attaching their names to a card, writing the estimated number of days needed to complete the task, and moving the task card into the Busy column.
But proponents of value - added measures point to their relative strength compared to other predictors of effectiveness, particularly when used as one component in an evaluation system combining multiple measures.
I applied a numeric value to each company based upon their relative ranking in each source, and that resulted in the following result totals for the top 5 self publishing companies ranked side by side (out of a possible 34 points):
On average, from the year before announcement to the year after, total payout increases by 0.3 - 0.5 percentage points (as a percentage of the market value of equity, relative to an all - sample mean of 2.2 percentage points), and book value leverage increases by 1.3 - 1.4 percentage points (relative to an all - sample mean of 33.5 percentage points).
The prices you're charged for buying miles and points can be high relative to the value you can get from them, so you want to be sure you have all the necessary info before purchasing with one of the Points.com partners.
The basic point of Forex trading is to buy a currency pair if you think its base currency will appreciate (increase in value) relative to the quote currency.
At this point, we're long past my original (earnings & cash based) Intrinsic Fair Value target, so it's only logical to opt for my Relative Fair Value target (3.5 Price / Sales & Cash, based on comparable M&A multiples — which, frankly, I've never really understood — again, see my original TRIB post).
It is possible for any strategy to distort relative prices such that the assets inside a strategy get significantly above intrinsic value — to the point where they discount negative future returns over a 5 - 10 year horizon.
Of course, this could just prove to be the point where I get fooled by greed & the illusion of relative value..!?
Despite that rally, it still offers far greater relative upside than CLNY, with my last $ 7.80 Fair Value per FIG share (more recent news - flow suggests that should be raised) pointing to a current 89 % Upside Potential.
The point here is that people, mostly financial advisers, think they have magic powers and can tell if a very large basket of stocks in an ETF is currently overpriced or underpriced relative to the value of the underlying securities it holds.
The value investor will use a P / E ratio as a starting point when making a relative valuation.
As you point out in your recent post, the company still seems very cheap on an absolute and relative basis at 55 % of book value and at a 9.9 % gross yield.
From this vantage point, Japan looks cheap relative to the United States, with the other regions looking comparable to how they have been valued relative to the United States in the past.
«Balance, Expression, Color and White Markings» should be given particular consideration in determining the relative value of General Appearance to other points.
Since their value is inherently variable relative to dollars, travel points programs will have some «winners» and some «losers» in their customer base.
With a goal to bring real value to today's travelers with instant rewards and gratification, BWR offers a lower point level threshold relative to other hotel brands, enables members to redeem free nights at any of Best Western's 4,200 + hotels worldwide, and awards points that don't expire and don't have blackout dates.
It also helps maximize the value of your points relative to a less flexible rewards currency.
The prices you're charged for buying miles and points can be high relative to the value you can get from them, so you want to be sure you have all the necessary info before purchasing with one of the Points.com partners.
You're getting more than twice as much value with Hyatt relative to IHG, so why transfer your points to IHG if both hotels have award space?
Measuring relative value of points redeemed for hotel stays is much easier, however, as the differences between each partner are more obvious.
This chart from ValuePenguin shows the relative dollar - per - point value for different redemption methods of Chase Ultimate Rewards.
I think it's important to point out what an amazing value this is relative to some of the other options out there.
Now is the time to consider other programs such as Alaska Airlines Mileage Plan, American Airlines AAdvantage, or others where you can focus your earning where you still receive relative good value for your hard earned points!
(PS regarding Venus — as I have understood it, a runaway water vapor feedback would have occured when solar heating increasing to become greater than a limiting OLR value (Simpson - Kombayashi - Ingersoll limit — see http://chriscolose.wordpress.com/2010/08/23/climate-feedbacks-part-1/ — although I should add that at more «moderate» temperatures (warmer than today), stratospheric H2O increases to a point where H escape to space becomes a significant H2O sink — if that stage worked fast enough relative to solar brightening, a runaway H2O case could be prevented, and it would be a dry (er) heat.
I encourage you to ponder his points about the relative value of investments in initiatives that can increase the amount of food or reduce the number of mouths.
The flux F» (relative to the blackbody value, σ * T ^ 4, for T at the point of view) will then be the integral over solid angle of the intensity (relative to blackbody intensity for T at the point of view) * cos (θ)(this other factor of cos (θ) is due to the way a unit area facing vertical projects onto a smaller area in other directions), which will be
4 numbers have dropped some — the value for 9/12 shows -.28 relative to 2009 (though this point in 2009 was part of a sizeable uptick.)
Note that a value like r2 = 0.24 is not necessarily meaningless — indeed, for the number of data points involved here (between 50 and 60), this is probably statistically significant relative to a standard «red noise» null hypothesis.
In b, T g is shown relative to the value at the end of the calibration phase and where initial condition ensemble members exist, their mean has been taken for each time point
Ice thickness is more difficult, and I would assign greater error bars, but the increase is quite remarkable, and, as Willis recently pointed out, while the exact m = thickness may be disputable, the method used is consistent, therefore the change documented is true relative to the past, even if the exact value is not known.
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