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.