The Gain-Loss Spread: A New and Intuitive
... Problems with the standard deviation do not end there. As is well known, when assets display skewness or kurtosis (i.e., “fat tails”), the standard deviation is at best limited and at worst misleading as a measure of risk. Furthermore, most investors associate risk not necessarily with volatility, b ...
... Problems with the standard deviation do not end there. As is well known, when assets display skewness or kurtosis (i.e., “fat tails”), the standard deviation is at best limited and at worst misleading as a measure of risk. Furthermore, most investors associate risk not necessarily with volatility, b ...
Supply, Demand, and the Market Process
... curve measures how much buyers in the market value each unit of the good. The price indicates the amount they actually pay. The difference between these two—the triangular area below the demand curve but above the price paid—is a measure of the total consumer surplus generated by all exchanges of th ...
... curve measures how much buyers in the market value each unit of the good. The price indicates the amount they actually pay. The difference between these two—the triangular area below the demand curve but above the price paid—is a measure of the total consumer surplus generated by all exchanges of th ...
Alpha Australian Blue Chip Fund
... may not meet your objectives. The level of returns will vary and future returns may differ from past returns. Laws affecting managed investment schemes may also change in the future. In addition, we do not offer advice that takes into account your personal financial situation, including advice about ...
... may not meet your objectives. The level of returns will vary and future returns may differ from past returns. Laws affecting managed investment schemes may also change in the future. In addition, we do not offer advice that takes into account your personal financial situation, including advice about ...
The Role of Private International Financial Capital Flows in Support
... activities into many African, North American and South American regions in search of raw materials, minerals and other basic commodities to fuel further economic growth within the domestic market. Financial capital provided the means to conduct further economic activity in these new regions and the ...
... activities into many African, North American and South American regions in search of raw materials, minerals and other basic commodities to fuel further economic growth within the domestic market. Financial capital provided the means to conduct further economic activity in these new regions and the ...
Tangerine Investment Funds Simplified Prospectus
... Low to Medium – for investors expecting less than normal returns, but with a low risk, although higher than the “low” category, of losing money over the medium to long term (typically for asset allocation funds and balanced funds, although some equity funds qualify); Medium – for investors expectin ...
... Low to Medium – for investors expecting less than normal returns, but with a low risk, although higher than the “low” category, of losing money over the medium to long term (typically for asset allocation funds and balanced funds, although some equity funds qualify); Medium – for investors expectin ...
Fact sheet Comparing listed and unlisted assets
... allows a fund to have available cash flow after interest to meet ongoing capital requirements, pay down debt or distribute income to investors. This increased flexibility reduces a fund’s risk of not being able to refinance its existing debts. Many listed property assets had high debt levels, couple ...
... allows a fund to have available cash flow after interest to meet ongoing capital requirements, pay down debt or distribute income to investors. This increased flexibility reduces a fund’s risk of not being able to refinance its existing debts. Many listed property assets had high debt levels, couple ...
Forward Looking Statements Non-GAAP
... realized investment gains or losses and guaranty fund assessments or recoupments that do not reflect normal operating results. We believe operating income presents a useful view of the performance of our insurance operations, but should be considered in conjunction with net income computed in accord ...
... realized investment gains or losses and guaranty fund assessments or recoupments that do not reflect normal operating results. We believe operating income presents a useful view of the performance of our insurance operations, but should be considered in conjunction with net income computed in accord ...
Financial Accounting
... During the year, 200 units are sold at $30 each. Under LIFO, the company recovers the current replacement cost ($4,800) of the units sold. Under FIFO, however, the company recovers only the January 10 cost ($4,000). To replace the units sold, it must reinvest $800 (200 x $4) of the gross profit. Thu ...
... During the year, 200 units are sold at $30 each. Under LIFO, the company recovers the current replacement cost ($4,800) of the units sold. Under FIFO, however, the company recovers only the January 10 cost ($4,000). To replace the units sold, it must reinvest $800 (200 x $4) of the gross profit. Thu ...
Enlargement, two years after: an economic
... ECONOMY EUROPEAN COMMISSION Directorate-General for Economic and Financial affairs ...
... ECONOMY EUROPEAN COMMISSION Directorate-General for Economic and Financial affairs ...
Individual Investor Mutual Fund Flows
... to play much less of a role in the domain of individuals’ mutual fund investments than they do in the domain of investment in individual stocks. In further support for tax-motivated trading, we find that taxable investors’ redemption decisions are sensitive to proxies for future distribution behavior ...
... to play much less of a role in the domain of individuals’ mutual fund investments than they do in the domain of investment in individual stocks. In further support for tax-motivated trading, we find that taxable investors’ redemption decisions are sensitive to proxies for future distribution behavior ...
Course 4: Managing Cash Flow
... lengthening the disbursement cycle, we obtain additional cash. Once we have exhausted spontaneous sources of financing, we than use conventional sources of financing, such as bank loans, lines of credit, and asset based borrowing. ...
... lengthening the disbursement cycle, we obtain additional cash. Once we have exhausted spontaneous sources of financing, we than use conventional sources of financing, such as bank loans, lines of credit, and asset based borrowing. ...
call-for-input on the crowdfunding rules
... Furthermore, investors on investment-based crowdfunding platforms are exposed to capital risk – the risk that the funds they will receive upon exit will be less than the capital they originally invested (eg because of lower-than expected company valuations). Similarly, investors on loan-based crowdf ...
... Furthermore, investors on investment-based crowdfunding platforms are exposed to capital risk – the risk that the funds they will receive upon exit will be less than the capital they originally invested (eg because of lower-than expected company valuations). Similarly, investors on loan-based crowdf ...
FREE Sample Here - Find the cheapest test bank for your
... Which of the following statements is CORRECT? a. Back before the SEC was created in the 1930s, companies would declare reverse splits in order to boost their stock prices. However, this was determined to be a deceptive practice, and it is illegal today. b. Stock splits create more administrative pro ...
... Which of the following statements is CORRECT? a. Back before the SEC was created in the 1930s, companies would declare reverse splits in order to boost their stock prices. However, this was determined to be a deceptive practice, and it is illegal today. b. Stock splits create more administrative pro ...
Measuring the Benefits of Option Strategies For Portfolio Management
... the remainder of the year in order to preserve the current year gains. This can be accomplished via index put options, which generate income only when the stocks in the portfolio fall in value. A more detailed analysis of this example is presented in section 4. In summary, reasonable assumptions ab ...
... the remainder of the year in order to preserve the current year gains. This can be accomplished via index put options, which generate income only when the stocks in the portfolio fall in value. A more detailed analysis of this example is presented in section 4. In summary, reasonable assumptions ab ...
Inventory Costing Methods
... • Best suited to the balance sheet because the ending inventory is closest to current values. • Gives a more realistic view of the current financial assets of a business. • Does not provide as good a matching of current costs and revenues for income statement purposes. ...
... • Best suited to the balance sheet because the ending inventory is closest to current values. • Gives a more realistic view of the current financial assets of a business. • Does not provide as good a matching of current costs and revenues for income statement purposes. ...
Epsilon Fund - Fideuram Vita
... on the Management Company’s assessment process. This process may take into consideration, among quantitative and qualitative criteria, the credit ratings granted by credit rating agencies established in the European Union and registered in accordance with the Regulation N° 462/2013 of the European P ...
... on the Management Company’s assessment process. This process may take into consideration, among quantitative and qualitative criteria, the credit ratings granted by credit rating agencies established in the European Union and registered in accordance with the Regulation N° 462/2013 of the European P ...
word - Investor Relations Solutions
... Results of Operations." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Forward-looking statements can also be identified by words such as "anticipates," " ...
... Results of Operations." Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Forward-looking statements can also be identified by words such as "anticipates," " ...
Challenges in advanced management accounting
... and enhance relationships with customers and other partners at a profit, so that objectives of both parties involved are met’ (Grönroos, 1994, p. 348). Even in the simplest way of looking at exchanges in the for-profit sector, there is a range of possibilities. At one extreme, there are what are ref ...
... and enhance relationships with customers and other partners at a profit, so that objectives of both parties involved are met’ (Grönroos, 1994, p. 348). Even in the simplest way of looking at exchanges in the for-profit sector, there is a range of possibilities. At one extreme, there are what are ref ...
These materials have been published with permission from the
... complicate these decisions and planning to avoid state income tax. c. Importance to Estate Planning Decisions. i. For clients under the federal estate tax exemption, state estate tax is the tax to avoid, and that may depend on the state to which they have the closest tax connection. States generally ...
... complicate these decisions and planning to avoid state income tax. c. Importance to Estate Planning Decisions. i. For clients under the federal estate tax exemption, state estate tax is the tax to avoid, and that may depend on the state to which they have the closest tax connection. States generally ...
Who Owns Human Capital?
... workers.10 Piketty’s central thesis is that that the return on capital tends to exceed significantly the growth rate of the economy, which leads to increasing concentrations of wealth in the hands of the few and extreme inequality.11 This Article undertakes an equity-based analysis of the tax law’s ...
... workers.10 Piketty’s central thesis is that that the return on capital tends to exceed significantly the growth rate of the economy, which leads to increasing concentrations of wealth in the hands of the few and extreme inequality.11 This Article undertakes an equity-based analysis of the tax law’s ...
Case Study
... year. But sales from traditional products [film, paper and photofinishing, etc.] will shrink 7% to 8% a year, while digital is growing 22% to 26% a year. By 2006, revenues from the digital business will account for 60% of Kodak's revenues, with traditional about 40%. At the same time, the gross prof ...
... year. But sales from traditional products [film, paper and photofinishing, etc.] will shrink 7% to 8% a year, while digital is growing 22% to 26% a year. By 2006, revenues from the digital business will account for 60% of Kodak's revenues, with traditional about 40%. At the same time, the gross prof ...
Investor Sentiment and Chinese A
... economy has been developing at a fast pace and is large in scale, Hu (1999) argues that it is very different between the Chinese stock market and that of other countries, especially in terms of the extent of government regulations and the investor composition. In China, the quality of financial data ...
... economy has been developing at a fast pace and is large in scale, Hu (1999) argues that it is very different between the Chinese stock market and that of other countries, especially in terms of the extent of government regulations and the investor composition. In China, the quality of financial data ...
Market Discipline and Internal Governance in the Mutual Fund Industry
... and the underperformance vanishes after the manager is replaced. All these findings are in accordance with the predictions from our model. Several theoretical models have been advanced to explain subsets of the phenomena mentioned above. Berk and Green (2004) present an interesting discrete-time lea ...
... and the underperformance vanishes after the manager is replaced. All these findings are in accordance with the predictions from our model. Several theoretical models have been advanced to explain subsets of the phenomena mentioned above. Berk and Green (2004) present an interesting discrete-time lea ...
Budget for 2012
... options for CPSEs have also been enhanced. This will help improve the returns on public assets, support transparent environment for the divestment process, besides unlocking the value and resources for all stakeholders. ...
... options for CPSEs have also been enhanced. This will help improve the returns on public assets, support transparent environment for the divestment process, besides unlocking the value and resources for all stakeholders. ...
Volume 72 No. 3, September 2009 Contents
... The four largest banks in New Zealand have been accredited to operate as ‘internal models’ (IM) banks under the Basel II capital framework. Under this approach, banks are allowed to use their own models as a basis of determining their minimum capital requirements, subject to their models being accre ...
... The four largest banks in New Zealand have been accredited to operate as ‘internal models’ (IM) banks under the Basel II capital framework. Under this approach, banks are allowed to use their own models as a basis of determining their minimum capital requirements, subject to their models being accre ...