Sentences with phrase «valuation spreads»

How confident are you about the current valuation spread?

These wide valuation spreads between the two categories could indicate that it is early in this developing sea change between domestic and international equity returns.

How confident are you about the current valuation spread?

David Daglio, senior vice president of the company that released the study, Boston Company Asset Management, said in a statement that, «The early part of 2009 appears similar to other periods that we have studied, where market distress has created exceptionally wide valuation spreads across the marketplace.»

The current valuation spread is narrower than it was in 2007, and stands in stark contrast to the early 2000s when it was wider than usual.

Third, academic research has found that valuation metrics, such as the earnings yield (E / P) or the CAPE 10 earnings yield, and valuation spreads have predictive value in terms of future returns.

While value stocks, by definition, will trade at a lower valuation than growth stocks, the valuation spread moves over time.

When we normalize for industry group differences by applying S&P 500 industry group weights to the other indexes, the valuation spread of other regions relative to the United States shrinks.

While value stocks, by definition, will trade at a lower valuation than growth stocks, the valuation spread moves over time.

They leave behind companies considered permanent losers, which results in the widening of valuation spreads.

Evidence is also mounting that other factor premia, such as value and low beta, are also time varying and predictable.3 Table 1 reports for a number of popular factors the one - year - ahead predictive regression using the valuation spread as the predictive variable.

«Momentum (growth) stocks trade at an extreme premium to value stocks, with the valuation spread the highest since 1980, except for during the tech bubble,» JPMorgan strategist Dubravko Lakos - Bujas wrote recently.

While return dispersion is low, dispersion of valuations remains relatively wide by historical standards... Furthermore, there has been a strong relationship between valuation spreads and subsequent outperformance of value stocks (relative to glamour stocks).

When we normalize for industry group differences by applying S&P 500 industry group weights to the other indexes, the valuation spread of other regions relative to the United States shrinks.