Monthly Percentage Returns: Pro
... The percentage returns shown for the Alder Global 20 program are pro forma returns. They are derived from the actual trading returns of the program, are net of trading costs, include interest income based on the rate of interest available on a fully-funded account denominated in €, are adjusted for ...
... The percentage returns shown for the Alder Global 20 program are pro forma returns. They are derived from the actual trading returns of the program, are net of trading costs, include interest income based on the rate of interest available on a fully-funded account denominated in €, are adjusted for ...
MFS MERIDIAN ® FUNDS ― EMERGING MARKETS DEBT LOCAL
... its investments, and to issuer, market, economic, industry, political, and regulatory conditions. These risks may be higher where the fund invests in a specific country or region or invests in below investment grade debt instruments and a smaller number of issuers. Emerging Markets Risk: Emerging ma ...
... its investments, and to issuer, market, economic, industry, political, and regulatory conditions. These risks may be higher where the fund invests in a specific country or region or invests in below investment grade debt instruments and a smaller number of issuers. Emerging Markets Risk: Emerging ma ...
Information Trading
... created portfolios of 49 stocks in three sectors, based upon earnings revisions, and reported earning an excess return on 4.7% over the following four months on the stocks with the most positive revisions. Hawkins, in 1983, reported that a portfolio of stocks with the 20 largest upward revisions in ...
... created portfolios of 49 stocks in three sectors, based upon earnings revisions, and reported earning an excess return on 4.7% over the following four months on the stocks with the most positive revisions. Hawkins, in 1983, reported that a portfolio of stocks with the 20 largest upward revisions in ...
AMBICOM HOLDINGS, INC
... betterments are capitalized and repairs and maintenance are charged to operations in the period incurred. Intangible Assets – Developed technology and trade names were acquired as part of the Veloxum transaction in May 2014. Acquisition related intangibles are amortized over their estimated useful l ...
... betterments are capitalized and repairs and maintenance are charged to operations in the period incurred. Intangible Assets – Developed technology and trade names were acquired as part of the Veloxum transaction in May 2014. Acquisition related intangibles are amortized over their estimated useful l ...
Thought leadership | Financial Intelligence
... “Federated has been a leading provider of liquidity management services for four decades, and we will continue to offer products suitable for all of our clients,” said J. Christopher Donahue, president and chief executive officer. “Our clients have requested that we begin to share information on our ...
... “Federated has been a leading provider of liquidity management services for four decades, and we will continue to offer products suitable for all of our clients,” said J. Christopher Donahue, president and chief executive officer. “Our clients have requested that we begin to share information on our ...
EFFECT OF DIVIDENDS ON STOCK PRICES Effect of Dividends on
... Dividend Irrelevance theory in which they explain that dividend policy does not affect the stock prices. Many researchers like Black & Scholes (1974), Chen, Firth, & Gao (2002), Adefila, Oladipo & Adeoti (2004), Uddin & Chowdhury (2005), Denis & Osobov (2008) and Adesola & Okwong (2009) provide the ...
... Dividend Irrelevance theory in which they explain that dividend policy does not affect the stock prices. Many researchers like Black & Scholes (1974), Chen, Firth, & Gao (2002), Adefila, Oladipo & Adeoti (2004), Uddin & Chowdhury (2005), Denis & Osobov (2008) and Adesola & Okwong (2009) provide the ...
capital structure and dividend policy
... of shares of common stock that are outstanding); and, in combination, when DTL = 4.20, a 10 percent decrease (increase) in sales will cause a 42 percent decrease (increase) in EPS. The concept of leverage can be used to determine the impact that a change in capital structure will have on the riskine ...
... of shares of common stock that are outstanding); and, in combination, when DTL = 4.20, a 10 percent decrease (increase) in sales will cause a 42 percent decrease (increase) in EPS. The concept of leverage can be used to determine the impact that a change in capital structure will have on the riskine ...
January 2012
... investment profession, and supports the CFA and ASIP designations. The society is a leading member society of CFA Institute (the global, nonprofit organization of investment professionals) and serves society’s best interests through the education of investment professionals, by informing policy-make ...
... investment profession, and supports the CFA and ASIP designations. The society is a leading member society of CFA Institute (the global, nonprofit organization of investment professionals) and serves society’s best interests through the education of investment professionals, by informing policy-make ...
and confirmation bias can affect decision making
... C. assuming that your expectations of the future outcome from a project are more accurate than the expectations of others within your organization D. listening to the advice of subordinates with whom you agree while ignoring the advice of subordinates with whom you tend to disagree E. downplaying th ...
... C. assuming that your expectations of the future outcome from a project are more accurate than the expectations of others within your organization D. listening to the advice of subordinates with whom you agree while ignoring the advice of subordinates with whom you tend to disagree E. downplaying th ...
Sterling money market funds
... liquidity of different money market instruments. Fund managers may also seek to increase the investment return on their funds for the purpose of gaining market share. They can do this by altering the precise composition of their portfolios to include higher-yielding products such as asset-backed com ...
... liquidity of different money market instruments. Fund managers may also seek to increase the investment return on their funds for the purpose of gaining market share. They can do this by altering the precise composition of their portfolios to include higher-yielding products such as asset-backed com ...
PDF
... In Ball, Matson, Somwaru 1992 the user cost of capital in a certain year t has been calculated aggregating vintage specific user costs, where these were based on the historical interest rates when the vintage had been installed. This procedure is inconsistent with the decision problem (2) and return ...
... In Ball, Matson, Somwaru 1992 the user cost of capital in a certain year t has been calculated aggregating vintage specific user costs, where these were based on the historical interest rates when the vintage had been installed. This procedure is inconsistent with the decision problem (2) and return ...
capital ideas
... can determine the best way to allocate it. The Equity Income strategy has a consistent long-term process that has generated significant alpha with top decile results over the last 3, 7, and 10-year time periods relative to its value peer group.7 The process focuses on companies with sustainable comp ...
... can determine the best way to allocate it. The Equity Income strategy has a consistent long-term process that has generated significant alpha with top decile results over the last 3, 7, and 10-year time periods relative to its value peer group.7 The process focuses on companies with sustainable comp ...
The relationship between board independence and stock price
... can result in decisions which may benefit the executives (agents) at the cost of shareholders (principals). The agency theory perspective identifies these as the costs of the agency relationship. Within this school of thought, directors who are independent of the executives of a company monitor and ...
... can result in decisions which may benefit the executives (agents) at the cost of shareholders (principals). The agency theory perspective identifies these as the costs of the agency relationship. Within this school of thought, directors who are independent of the executives of a company monitor and ...
Low Risk- Hight Propabilities Trading Strategies 1
... large part of my trading strategy is based on my ability to do this. By watching for big block option orders, dubbed ‘unusual options activity,’ I try to determine the positions of Paper. ‘Paper’ is term originating from the trading floor, when order were actually written on paper and run to traders ...
... large part of my trading strategy is based on my ability to do this. By watching for big block option orders, dubbed ‘unusual options activity,’ I try to determine the positions of Paper. ‘Paper’ is term originating from the trading floor, when order were actually written on paper and run to traders ...
CIO Thoughts 5/09
... evaluate effectively as they can be major drivers of return… they vary in length, but usually with two or three main themes a year that drive annual return proficiency… News / Noise: require incredible fortitude and conviction to ignore, or scale in a very small way… ...
... evaluate effectively as they can be major drivers of return… they vary in length, but usually with two or three main themes a year that drive annual return proficiency… News / Noise: require incredible fortitude and conviction to ignore, or scale in a very small way… ...
The Effect of the Quality of Rumors On Market Yields
... continues to be the case on the day that the rumor enters the domain of general public knowledge. However, the day after the rumor becomes generally known we observe an increase in the AAR for the many rumors case but no change for the single rumor case. This shows that after the rumor is published ...
... continues to be the case on the day that the rumor enters the domain of general public knowledge. However, the day after the rumor becomes generally known we observe an increase in the AAR for the many rumors case but no change for the single rumor case. This shows that after the rumor is published ...
Why was stock market volatility so high during the Great Depression
... are clearly associated with higher volatility (^chwert 1989a). Stock returns and their volatility in general show only a tenuous link with fundamentals (Cutler, Poterba and Summers 1989), even if uncertainty about these fundamentals can in part explain variability (David and Veronesi 2001). Why was ...
... are clearly associated with higher volatility (^chwert 1989a). Stock returns and their volatility in general show only a tenuous link with fundamentals (Cutler, Poterba and Summers 1989), even if uncertainty about these fundamentals can in part explain variability (David and Veronesi 2001). Why was ...
Chap025 - U of L Class Index
... - A call option sold on the firm’s stock is a private transaction between investors, in which the firm is not directly involved. - When a call option is exercised, existing stock merely changes hands, but when a warrant is exercised, the firm must issue new stock (i.e., exercise results in additiona ...
... - A call option sold on the firm’s stock is a private transaction between investors, in which the firm is not directly involved. - When a call option is exercised, existing stock merely changes hands, but when a warrant is exercised, the firm must issue new stock (i.e., exercise results in additiona ...
Our Portfolio Management Portfolios
... This material is intended only for clients and prospective clients of the Portfolio Management program. It has been prepared solely for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument, or to parti ...
... This material is intended only for clients and prospective clients of the Portfolio Management program. It has been prepared solely for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument, or to parti ...
Portfolio Adjustment Costs and Asset Price Volatility with
... exists a strong linkage between funding liquidity, i.e. the ease with which investors can get funds, and market liquidity. Additionally, bond markets are also subject to considerable transaction costs, for example in the form of interest spreads. In this paper we study an infinite-horizon exchange e ...
... exists a strong linkage between funding liquidity, i.e. the ease with which investors can get funds, and market liquidity. Additionally, bond markets are also subject to considerable transaction costs, for example in the form of interest spreads. In this paper we study an infinite-horizon exchange e ...
MSN Money Articles By Michael Burry 2000/2001
... I also invest in rare birds -‐-‐ asset plays and, to a lesser extent, arbitrage opportunities and companies selling at less than two-‐thirds of net value (net working capital less liabilities). I'll h ...
... I also invest in rare birds -‐-‐ asset plays and, to a lesser extent, arbitrage opportunities and companies selling at less than two-‐thirds of net value (net working capital less liabilities). I'll h ...
Measuring the value of employee stock options
... advantageous tax treatment, an option program must stay within several limits: (a) less than 12 million yen’s worth of stock can be purchased in a year by exercising options; (b) options can be exercised within 2 to 10 years after receiving them; (c) options are non-negotiable; and (d) exercise pric ...
... advantageous tax treatment, an option program must stay within several limits: (a) less than 12 million yen’s worth of stock can be purchased in a year by exercising options; (b) options can be exercised within 2 to 10 years after receiving them; (c) options are non-negotiable; and (d) exercise pric ...
ENDOWMENT TRUSTEES
... exuberance i.e. the fundamentals didn’t quite justify the results. Since then numerous economic conditions have been faltering. So much so that as of this writing most of the portfolio has given back most of its gains for the year. Friday June 17th broke a six week losing streak in the US financial ...
... exuberance i.e. the fundamentals didn’t quite justify the results. Since then numerous economic conditions have been faltering. So much so that as of this writing most of the portfolio has given back most of its gains for the year. Friday June 17th broke a six week losing streak in the US financial ...
Item 1 Cover Page - Capstone Investment Financial Group
... The risk of our strategy is that clients may not fully participate in rising markets. The investments may either be in themes that underperform the benchmarks or may be diversified into lower performing asset types. Your accounts may suffer from underperformance during some time periods. The Firm be ...
... The risk of our strategy is that clients may not fully participate in rising markets. The investments may either be in themes that underperform the benchmarks or may be diversified into lower performing asset types. Your accounts may suffer from underperformance during some time periods. The Firm be ...
Moneysupermarket has a forecast dividend yield of over
... 50%. As we noted in our traffic light report in December (FAT UK 517) the key is maintaining this market share position. The group is also diversifying into travel through its Travelsupermarket website which has good long-term potential. While competition in the core business is the key risk the gro ...
... 50%. As we noted in our traffic light report in December (FAT UK 517) the key is maintaining this market share position. The group is also diversifying into travel through its Travelsupermarket website which has good long-term potential. While competition in the core business is the key risk the gro ...
Stock trader
A stock trader or equity trader or share trader is a person or company involved in trading equity securities. Stock traders may be an agent, hedger, arbitrageur, speculator, stockbroker or investor. A stock investor is an individual or company who puts money to use by the purchase of equity securities, offering potential profitable returns, as interest, income, or appreciation in value (capital gains). This buy-and-hold long term strategy is passive in nature, as opposed to speculation, which is typically active in nature. Many stock speculators will trade bonds (and possibly other financial assets) as well. Stock speculation is a risky and complex occupation because the direction of the markets are generally unpredictable and lack transparency, also financial regulators are sometimes unable to adequately detect, prevent and remediate irregularities committed by malicious listed companies or other financial market participants. In addition, the financial markets are usually subjected to speculation.