If a stock is yielding
more than its historical average, that suggests that it is a better value than usual, because you are «paying less» for the stock's dividends.
Currently, summers with temperatures 1.6 degrees Celsius (2.9 degrees F) greater
than the historical average now happen every five years, rather than every 52 years like before.
He said the good news is that the economy is in no danger of a recession; however, this year will likely mark nine straight years of subpar growth of less
than the historical average of 3 percent.»
The nearby Columbia River's sockeye, along with steelhead (also known as rainbow trout), which face temperatures 2.5 degrees
warmer than the historical average, have shifted their migration times to avoid peak summer temperatures.
We still think that that's, obviously, really going to be even more important going forward because a lot of firms are projecting that returns could be a little bit lower
than historical averages going forward.
Given the significant increase in share buy backs in recent years, which will probably continue in the future, it is quite likely that this component will contribute more to total returns going
forward than its historical average.
To sum up, although it's pretty clear we should expect lower
than historical average returns for stocks, there is little evidence for a strong downward force on stock returns due to expected interest rate increases that is anything like the bond situation.
These budget gaps are larger than the gaps projected by the city in February 2014, but significantly smaller
than the historical average over the past 34 years when measured as a share of city revenue.
It's important to note that if you are retired during a period when the stock market returns
less than its historical average, and you withdraw 8 % a year from your retirement savings as Ramsey recommends, you can deplete your retirement funds to the point that it deals a severe blow to your standard of living.
But this is in a period that the Bureau has predicted is likely, based on statistical analysis of historical data and current sea surface conditions, to be
warmer than the historical average (see here.
The sum of draws on revolvers and term loans compared to total debt outstanding for REITs is now at about 25 percent, which is slightly higher
than the historical average of 20 percent, according to Fitch.
Very simply, I strongly believe that stocks should currently be priced with a risk premium that is somewhat higher
than the historical average.
We believe fiscal policy should be more effective, and thus the multiplier higher
than the historical average.
As of January 2013, intermediate - term real interest rates are about 4 % less
than their historical average.
And because mortgage rates are lower
than historical averages, home - buying power is up, according to Fleming.
«If these gauges are higher
than their historical averages, property is overvalued; if they are lower, it is undervalued.»
Since 2005, the Consumer Price Index has gone up just 2 % annually, less
than the historical average.
(If you're sensible, your estimates will be less
than the historical averages to build in a margin safety: most financial planners I know assume stocks will returns about 7.5 %.)
Interest rates rise much higher
than their historical average and reach previous highs (this would be a worse case scenario for variable rate student loan borrowers)
Stock returns over your retirement are far less
than their historical averages (and lower than the returns you were planning on), or
This is also borne out by the average contribution of this component to total returns since 2001, which was 2.2 % — higher
than the historical average.
The empirical literature shows that dividend yield and CAPE (cyclically adjusted PE) can predict future equity market returns.1 Put simply, when the equity market rallies for an extended period of time, its CAPE ratio becomes meaningfully higher
than the historical average.