Sentences with phrase «still at high valuations»

I think that market is still at high valuations and want to keep some dry powder to deploy.

Not exact matches

«They are raising now at a higher valuation, but if you were to say «here is what the New York and San Francisco markets are really worth in full legal compliance» and then re-run the numbers — however they do it — I don't know that they are still that $ 30 billion company,» Tusk was quoted by CNBC as saying.
Morgan Stanley analyst Vincent Meunier said the price still implied a valuation of 4.7 times sales and around 19 times operating profit (EBITDA) for the business, at the high end of recent deals in the sector.
When Main Management looked at LIT as a potential buy, it was because of a downturn in the materials sector (LIT was still trading at too high a valuation compared to the mining and materials sub-sector ETF (XME).
At longer time frames, the basic relationship generally still holds: Higher U.S. stock market valuations are associated with lower future returns.
Still, even in an environment where the market trades in a range of high valuation, it is appropriate to hedge exposure to risk at points where conditions are overvalued, overbought, and overbullish, and to establish more constructive exposure when conditions are overvalued, but oversold on a short - term basis (provided that the broad tone of market action still indicates a general willingness of investors to speculStill, even in an environment where the market trades in a range of high valuation, it is appropriate to hedge exposure to risk at points where conditions are overvalued, overbought, and overbullish, and to establish more constructive exposure when conditions are overvalued, but oversold on a short - term basis (provided that the broad tone of market action still indicates a general willingness of investors to speculstill indicates a general willingness of investors to speculate).
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
The insatiable search for yield has driven many income assets to high valuations, but dividend growers are still attractively priced at 13.4 times forward earnings, our analysis shows.
A non-obvious consequence is that although people raise more money at higher valuations, they still end up selling much more of the company.
«Because the ecosystem has become more transparent you are always competing with other firms,» says Ross Fubini, a partner at Canaan, who adds startups are still likely to choose the best venture capital firm, rather than the highest valuation.
I still like Anadarko, but at a higher valuation, it pays to take something off the table.
The insatiable search for yield has driven many income assets to high valuations, but dividend growers are still attractively priced at 13.4 times forward earnings, our analysis shows.
Investors still cite the low costs of ETFs, but with the S&P 500 trading at a P / E ratio of 21x of higher, and earnings growth remaining persistently low, Narhi and Barr don't think equity valuations are worth the risk.
This study attempts to quantify whether a 4 percent withdrawal rate can still be considered as safe for U.S. retirees in recent years when earnings valuations have been at historical highs and the dividend yield has been at historical lows.
Still, the reality is that this is one of the big risks of strategies of going with high stock allocations at times of high valuations (when the risk of big price drops is greatest).
From Professor Robert Shiller's «Irrational Exuberance» Second Edition 2005, chapter 12, page 207: «The high valuations that the stock market attained at its peak in 2000, and the relatively high valuations that it still shows today, came about for no good reasons..»
This study attempts to quantify whether a 4 % withdrawal rate can still be considered as safe for U.S. retirees in recent years when earnings valuations have been at historical highs and the dividend yield has been at historical lows.
The present environment is characterized by unusually overvalued, overbought, overbullish conditions, with rising 10 - year Treasury bond yields, heavy insider selling, valuations on «forward earnings» appearing reasonable only because profit margins are more than 70 % above historical norms (fully explained by the negative sum of government and personal savings as a share of GDP), with the S&P 500 at a 4 - year market high, in a mature market advance, with lagging employment indicators still positive but more than half of all OECD countries already in GDP contraction, Europe in recession, Britain on the cusp, and the EU imposing massive losses on depositors in order to protect lenders in an unstable banking system where Cyprus is the iceberg's tip.
Our updated liquidation valuation is still some 60 % higher at $ 12.0 M or $ 1.31 per share, so we believe that MATH still represents good value.
Panics still happen but they don't hurt you much (panics always begin at times of insanely high prices and those following a Valuation - Informed Indexing strategy have little invested in stocks at such times).
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