Sentences with phrase «reliable measure of the risk»

Instead, you start with a risk free rate in a currency where you believe that the government bond rate is a reliable measure of the risk free rate (US Treasury Bond, German Euro Bond) and then add to this number the differential inflation rate between the US dollar and the local currency.

Not exact matches

With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.

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.

Historically - reliable valuation measures are remarkably useful in projecting long - term and full - cycle market outcomes, but the behavior of the market over shorter segments of the market cycle is driven by the psychological inclination of investors toward speculation or risk - aversion.

Historically, the most reliable way to measure risk attitudes is by the uniformity or divergence of price movements across a wide range of securities.

This compelling knowledge base underscores three significant, unmet needs: (1) valid and reliable biological and bio-behavioral measures (or «biomarkers») of «toxic stress» to identify children who are at higher risk of chronic disease in adulthood; (2) more effective intervention strategies to prevent, reduce, or mitigate the long - term health consequences of significant adversity in early childhood; and (3) biomarkers that are sensitive to change and can thus be used to assess the short - term and medium - term effects of intervention strategies whose ultimate impacts on physical and mental health may not be apparent until decades later.

Even if the SBA were a more reliable, valid, and culturally responsive measure of student ability, the learning environment created around it devalues true intellectual curiosity, risk - taking, and critical thinking.

By providing lenders with a proven, reliable and objective measure of credit risk, FICO ® Scores have made the lending process faster and fairer — helping millions of people get access to the credit they deserve.

• Enhanced the accuracy of visual diagnostic assessment process up till 97 % by implementing modern, computerized and research based evaluative protocols • Reduced annual procurement cost by $ 30K by recommending less costly, reliable replacements of conventional and expensive visual assessment equipment • Brought the hospital's optometric department in 100 % compliance with HIPPA guidelines • Conducted numerous educational workshops to spread awareness regarding safe and healthy measures and life style adaptations to prevent loss of vision among patients at risk