Frankly, most retirees are probably unwilling to accept
such levels of volatility, especially since they have less time to ride out the market's ups and downs.
Not exact matches
«Even if
volatility falls notably from here which history says is likely after
such a spike, we find it difficult to imagine the market being prepared to drive it down to the record low
levels of [the second half
of] 2017 anytime soon given the shock seen this week,» they say.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the risk that we may not obtain sufficient orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their orders with a competitor's products instead; the risk that the economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration
of our business among few customers, including the risk that customers may reduce or cancel orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory
levels, all
of which could negatively affect product demand; the risk that our investments may experience periods
of significant stock price
volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development,
such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential lack
of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
Today's realized
levels of volatility stand at historically low
levels — even for a low - vol regime
such as the one we see persisting today.
Over the longer - term, we do not expect the Fund to have
such a strong tilt towards economically sensitive sectors or exhibit the
level of pro-cyclical
volatility that we saw during this fiscal year.
This is because
such instances present excellent opportunities to exploit the greater
levels of volatility associated with commodity training.
As
such, any spike in equity market realized
volatility, even to historical average
levels, has the potential to drive a significant amount
of equity selling (much
of it automated).
Examples
of these risks, uncertainties and other factors include, but are not limited to the impact
of: adverse general economic and related factors,
such as fluctuating or increasing
levels of unemployment, underemployment and the
volatility of fuel prices, declines in the securities and real estate markets, and perceptions
of these conditions that decrease the
level of disposable income
of consumers or consumer confidence; adverse events impacting the security
of travel,
such as terrorist acts, armed conflict and threats thereof, acts
of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread
of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment
of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount
of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion
of our assets pledged as collateral under our existing debt agreements and the ability
of our creditors to accelerate the repayment
of our indebtedness;
volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss
of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price
of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy
levels at different times
of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability
of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
The sustainability
of such a regime does not necessarily imply markets will return to the unusually low
volatility levels seen in 2017.
Investments in foreign securities may involve risks
such as social and political instability, market illiquidity, exchange - rate fluctuations, a high
level of volatility and limited regulation.
Such a scenario is favorable to Swan's income - generating strategy, which relies partially on moderate
levels of volatility in the markets to be profitable.
«However, they should keep
such investments at no more than 20 to 30 per cent
of their investment funds, as single - stock investments do carry a higher
level of concentrated risk, which might present
volatility more than what the investor could withstand,» says Mr Choy, adding that the remaining 70 to 80 per cent
of your investment funds should be invested through unit trusts to form the core portfolio.
Today's realized
levels of volatility stand at historically low
levels — even for a low - vol regime
such as the one we see persisting today.
Such performance can be impacted by a number
of risk factors, including but not limited to (i) the
level of price
volatility (equity securities generally have greater price
volatility than debt securities, (ii) changes in interest rates, and (iii) the ability
of the manager to purchase or sell a security in a timely manner at desired prices.
The likely position is that variations in the rate at which the ocean surfaces warm and cool over 500 year periods
such as from MWP to LIA to date regularly cycle the atmospheric CO2 up and down the observed amount yet the proxies fail to record that
level of volatility.
The study found that increased food production
volatility will mostly affect countries with high
levels of poverty and instability,
such as countries in the Persian Gulf or Sub-Saharan Africa.
Such a high degree
of risk is attributed to the unnerving
level of price
volatility that occurs on the cryptocurrency market.