The first flood has a 5
year return period that increases by 1 a year until it reaches about 100.
There is a mere 0.2 percent probability that in any given it will happen, meaning these events have a 500 -
year return period.
Increases have also been reported for rarer precipitation events (1 in 50
year return period), but only a few regions have sufficient data to assess such trends reliably (see Figure TS.10).
Increases have also been reported for rarer precipitation events (1 in 50
year return period), but only a few regions have sufficient data to assess such trends reliably.
The effect is minimal for average indices but is statistically significant in a subset of models for projected changes of 10 and 20 -
year return periods.
Not exact matches
Average annual core
return on equity over a
period is the ratio of: a) the sum of core income less preferred dividends for the
periods presented to b) the sum of: 1) the sum of the adjusted average shareholders» equity for all full
years in the
period presented, and 2) for partial
years in the
period presented, the number of quarters in that partial
year divided by four, multiplied by the adjusted average shareholders» equity of the partial
year.
This chart shows the best and worst annual
returns stocks generated over the last 141
years based on different holding
periods:
Back - tested, the LTVC produced a 10 -
year annual
return of 7.7 %, a healthy premium over the 4.9 % the S&P Global 1200
returned over the same
period.
«I argued that active investment management by professionals - in aggregate - would over a
period of
years under - perform the
returns achieved by rank amateurs who simply sat still.
«As a long - term value investor, we remain cautious and recognise that to generate good real
returns over time, we have to be prepared for
periods of underperformance relative to the market indices, some even for a stretch of several
years.»
During the 20 -
year period ending in 2012, the S&P 500 index
returned an annual average of 8.21 percent, but the average person who invested in stock - market mutual funds earned only 4.25 percent.
The title spent the first 18
years of its life in mixed case, and
returned to it for a brief
period in the early 1950s.
A 10 - times
return over six
years, a hypothetical holding
period, means an investor rate of
return of 46 percent, although
returns are inherently diluted by other investments in the portfolio.
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.
Through 2010, S corporations beyond the seventh
year of this so - called «built - in gains holding
period» get a break: the taxes on realized gains, normally paid at the highest corporate tax rate before being taxed once more on an individual
return, are waived entirely.
Companies that meet these criteria are ranked by revenue growth rate, EPS growth rate, and three -
year annualized total
return for the
period ended June 30, 2017.
The study examined
returns in a diversified portfolio of 60 percent stocks and 40 percent bonds over rolling 30 -
year periods starting in 1926.
According to the Times, a BlackRock report «has calculated that if the financial transaction tax were set at 0.1 % per trade, an investor putting $ 10,000 in its global equity fund would lose more than $ 2,300 in expected
returns over a 10 -
year period.
According to McKinsey, it's not that today's market is abnormally weak — but because the
period between 1985 and 2014 was simply a «golden era» of investing in which
returns exceeded the 100 -
year average.
After five
years the company would
return the principal to all investors who had not, within a specified
period, chosen to convert the debt to common stock.
Fuerst, along with fellow University of Miami professors Sandro Andrade and Vidhi Chhaochharia, reported in a 2012 paper that stock
returns were 10 percent higher in the November - to - April half of the
year than in the May - to - October
period.
Shiller has argued that the CAPE is remarkably good at predicting
returns over the
period of several
years.
Rather, they examined
returns across 37 markets within a 14 -
year time
period that was not tested in a prior paper that also found support for the sell in May effect.
«if the financial transaction tax were set at 0.1 percent per trade, an investor putting $ 10,000 in its global equity fund would lose more than $ 2,300 in expected
returns over a 10 -
year period.
The total transaction tax over a 10 -
year period is only about $ 23, and our retirement saver gives up about $ 35 in 10 -
year returns.»
This assertion had three components: (1) The commenter estimated the cost over 60 days to be $ 250 million based on the on - going cost from the final 2016 RIA of $ 1.5 billion per
year, (2) that cost savings over a 10 -
year period were not provided to allow comparison to the negative effects on investors that would occur over the ten
year period, (3) that industry cost savings were not projected out over 10
years using
returns on capital in a similar manner to investors» lost earnings.
Assuming nominal
returns are 6.5 % a
year, a straightforward calculation shows the transactions tax will raise about $ 6.75 from our hypothetical retirement saver over the stipulated 10 -
year holding
period.
Finally, by substituting the historic linear trend above into the IRR term of this equation, and the industry average investment
period of 13
years into the c term, we get the following formula, which shows that nominal R&D productivity / ROI currently stands at about 1.2 (i.e., we get only 20 % back on top of our original R&D investment after 13
years), is declining exponentially by about 10 % per
year, and will hit 1.0 (zero net
return on investment) by 2020:
The Department estimates that the ten -
year cost savings, which also include
returns on the cost savings that occur in the April 10, 2017, to January 1, 2018 time
period, are $ 123 million using a three percent discount rate, and $ 114 million using a seven percent discount rate.
One - third of performance share awards, which make up 50 % of long - term incentive compensation, are tied to average
return on invested capital over a three -
year period.
As of April 30, 2014, the Highland Long / Short Healthcare Fund Class A, A-LW, C and Z absolute rankings were 2, 2, 4 and 1, respectively, based on Total
Return for the 1 -
year period among 246 funds in the Morningstar Long / Short Equity Category.
Looking over the two -
year period, we see that realized price
returns have been driven almost exclusively by changes in equity prices (below chart).
So while there could be one or even five
year periods where longer maturity bonds perform fairly well from these yield levels, over the long - term they're likely to be a poor investment in terms of earning a decent
return over the rate of inflation.
It saw 26.38 % for aggregate yearly
returns for a 5 -
year period, while NASDAQ only saw 18.47 %.
One of my astute readers, named Jim, wondered how far out of whack the
returns can get over any one
year period from this long - term trendline.
So if you hired someone or subcontracted some work to someone sometime during the current tax
year, when you were claiming their wages or fees as an expense (on Form T2125 of the T1 income tax
return if your business is a sole proprietorship or a partnership), you would deduct the GST / HST if you had already claimed it as GST / HST paid out when you filed your GST / HST
return for the appropriate
period.
Other than that one time, over any ten
year period, long bonds never showed a negative nominal
return.
Over the full
period analyzed, the benchmark has
returned 6.9 % to investors versus 8.1 % for the comparative universe, but much of the performance in more recent
years remains unrealized.
It found that in the 17 -
year period to December 2000, the S&P 500
returned an average of 16.29 % per
year, while the typical equity investor achieved only 5.32 % for the same
period — a startling 9 % difference!
During the same
period, the MSCI Emerging Markets Index
returned just 2.0 % a
year, providing a total
return of 22 %.
A portfolio of five -
year notes (20 %), long - term government bonds (35 %), long - term corporate bonds (30 %) and one - month t - bills (15 %)
returned 2.7 % a
year for this 32
year period.
June 1, 2016: A recent paper published by MSCI shows that Systematic Equity Strategy (SES) factors earned positive
returns over a 20 -
year period.
When the PE creeps past 20, there has never been a 10 -
year period where stock
returns later exceeded 10 % annually and 20
periods where they didn't.
It also found that during the same
period, the average fixed - income investor earned only a 6.08 %
return per
year, while the long - term Government Bond Index reaped 11.83 %.
It's quite obvious that the 5.5 % difference in 10
year treasury
returns is the reason for the difference in
returns considering the S&P 500 had fairly similar performance over both
periods.
I've broken up the annual
returns for a 60/40 portfolio made up of the S&P 500 and 10
year treasuries by two very different
periods.
Now take a look at the range in
returns for the 60/40 portfolio over 10
year periods along with the largest annual losses:
What's interesting to note is that the worst 10
year returns for both
periods came right after huge bear markets in stocks — 1974 in the first instance and 2008 in the second one.
In this example, the «inflation portfolio» improved the average real
returns of both the conservatively positioned income - oriented retiree's and the young worker's portfolios by 0.7 percentage points per
year during the extremely inflationary
period from 1965 to 1980.
Based on the fund's monthly
returns over the 3 -
year period ended as of the date of the calculation.