Sentences with phrase «term valuation indicator»

We find that the Shiller - PE is a reliable long - term valuation indicator for developed and emerging markets and we use the indicator to predict real returns on local equity markets over the next five to ten years.

This is now the longest cyclic bull in a secular bear in ever.And long term valuation indicators are now second only to 2000 in excess.

Not exact matches

«Our work suggests that valuation is a poor short - term timing indicator, but the single-most important determinant of long - term returns,» Bank of America Merrill Lynch's Savita Subramanian said.

That said, valuations have never been useful as an indicator of near - term market fluctuations - a shortcoming that has been amplified since the late 1990's.

First, the «returns on equities» here are typically taken to be earnings yields, which as we've frequently noted, are affected by cyclical variations in profit margins that make them notoriously poor indicators of long - term prospective returns (see Two Point Three Sigmas Above the Norm and Margins, Multiples and the Iron Law of Valuation).

Product Level 3 * — please select — Analytic Tools Best Execution BondEdge Business Entity Service Colocation and Proximity Hosting Connectivity Connectivity & Feeds Consolidated Feed Continuous Evaluated Pricing Corporate Actions Cscreen DataX Desktops & Tools Econfirm End of Day Evaluations ETF Valuations & Index Construction Evaluated Pricing EvalueX Exchange Data Fair Value Information FATCA FutureSource Historical Market Data ICE Benchmark Administration ICE Block ICE Derivatives Analytics Suite ICE Energy Indices ICE Link for CDS ICE Options Analytics ICE Trading Platform Index Services Instant Messaging ISVs Liquidity Indicators Managed Services Market - Q Meteorological Reports MiFID II MPV News & Alerts NYSE Data NYSE Index Services Oil & Natural Gas Commentary OTC Data Petroleum Refining and Nat Gas Alerts Post-Trade Price Discovery & Execution Pricing & Analytics Quote and Data Distribution Real - Time ICE Markets Data Reference Data Regulation SFTI Global Market Access SFTI Low Latency Solvency II Terms and Conditions Tick History Trade Vault US Treasury Bond Index Series Vantage View Only Quotes Wealth Management Other

For example, market capitalization to GDP is a long - term stock valuation indicator with a high correlation (0.89) to subsequent 10 - year returns.

While sentiment was consistent with a major top and valuations, on average, were definitely high enough to usher in a major top, an end to the long - term upward trend was not signaled by several important indicators.

As I said, I don't think valuation is a good indicator here — obviously, you still need to be sensible, but valuation is unlikely to reliably identify the long - term winners at this point.

Product Level 3 * — please select — Analytic Tools Best Execution BondEdge Business Entity Service Colocation and Proximity Hosting Connectivity Connectivity & Feeds Consolidated Feed Continuous Evaluated Pricing Corporate Actions Cscreen DataX Desktops & Tools Econfirm End of Day Evaluations ETF Valuations & Index Construction Evaluated Pricing EvalueX Exchange Data Fair Value Information FATCA FutureSource Historical Market Data ICE Benchmark Administration ICE Block ICE Derivatives Analytics Suite ICE Energy Indices ICE Link for CDS ICE Options Analytics ICE Trading Platform Index Services Instant Messaging ISVs Liquidity Indicators Managed Services Market - Q Meteorological Reports MiFID II MPV News & Alerts NYSE Data NYSE Index Services Oil & Natural Gas Commentary OTC Data Petroleum Refining and Nat Gas Alerts Post-Trade Price Discovery & Execution Pricing & Analytics Quote and Data Distribution Real - Time ICE Markets Data Reference Data Regulation SFTI Global Market Access SFTI Low Latency Solvency II Terms and Conditions Tick History Trade Vault US Treasury Bond Index Series Vantage View Only Quotes Wealth Management Other

If bitcoin can compete with fiat currencies in the upcoming years, the market valuation of bitcoin would likely be able to reach a few trillion dollars, which is an optimistic long - term indicator for bitcoin investors.