The Diamond Investment Promise
... provide an option to put cash in the hand of an investor without – or at least hardly without – loss to the value of saved capital. This, of course, is the very minimum requirement. Ideally – just as with any other investment – appreciation is desirable. ...
... provide an option to put cash in the hand of an investor without – or at least hardly without – loss to the value of saved capital. This, of course, is the very minimum requirement. Ideally – just as with any other investment – appreciation is desirable. ...
Volatility patterns of CDS, bond and stock markets before and during
... financial institutions in the United States and Europe. The market turmoil severely affected especially those internationally active banks with large exposures to mortgage-related assetbacked securities (ABSs) or collateralized debt obligations (CDOs). All banks had to deal with an uncertain and mor ...
... financial institutions in the United States and Europe. The market turmoil severely affected especially those internationally active banks with large exposures to mortgage-related assetbacked securities (ABSs) or collateralized debt obligations (CDOs). All banks had to deal with an uncertain and mor ...
Good news-Bad news: Information revelation
... ambiguity at the cost of ignoring valuable pieces of information. As a result, asset prices may depart from fundamental values. I.3. Experimental Asset Markets and Ambiguity The complexity of modeling uncertainty in real market settings points towards the difficulty faced by researchers in testing ...
... ambiguity at the cost of ignoring valuable pieces of information. As a result, asset prices may depart from fundamental values. I.3. Experimental Asset Markets and Ambiguity The complexity of modeling uncertainty in real market settings points towards the difficulty faced by researchers in testing ...
Document
... 9 As emphasized by Chambers and Zdanowicz (2014). Mean expected wealth may be the most relevant measure of expectation when considering components of a wider portfolio. For example, if the investments’ next-day returns were negatively correlated to their past-month returns, a portfolio rebalanced t ...
... 9 As emphasized by Chambers and Zdanowicz (2014). Mean expected wealth may be the most relevant measure of expectation when considering components of a wider portfolio. For example, if the investments’ next-day returns were negatively correlated to their past-month returns, a portfolio rebalanced t ...
The future lies in logistics
... reductions as well as flexibility to meet fluctuations in consumer demand for VSDs customers and their portfolio. If common SKU’s cross country our customers will also benefit from Increased flexibility to meet unexpected Consumer Demand as well as benefit from reduced COGS & IOC during full Product ...
... reductions as well as flexibility to meet fluctuations in consumer demand for VSDs customers and their portfolio. If common SKU’s cross country our customers will also benefit from Increased flexibility to meet unexpected Consumer Demand as well as benefit from reduced COGS & IOC during full Product ...
The pricing of volatility risk across asset classes
... innovations of US equities over a long sample period. We find that the (unbalanced) panel of univariate volatility innovations is well described by a simple factor structure. Moreover, the principal factor is highly correlated with the various market index volatility innovations, although substanti ...
... innovations of US equities over a long sample period. We find that the (unbalanced) panel of univariate volatility innovations is well described by a simple factor structure. Moreover, the principal factor is highly correlated with the various market index volatility innovations, although substanti ...
TRMCX TRMIX TAMVX RRMVX Mid-Cap Value Fund Investor Class
... may decline significantly over short time periods. There is a chance that stock prices overall will decline because stock markets tend to move in cycles, with periods of rising and falling prices. The value of a stock in which the fund invests may decline due to general weakness in the U.S. stock ma ...
... may decline significantly over short time periods. There is a chance that stock prices overall will decline because stock markets tend to move in cycles, with periods of rising and falling prices. The value of a stock in which the fund invests may decline due to general weakness in the U.S. stock ma ...
Navn på forfattere
... correlated pairs of stocks that moved in the same correction, and then take a long position in the undervalued and a short position in the overvalued stock when the correlation weakened. Most literature on pairs trading in the equity market are influenced by the early work of Gatev et al (2006). The ...
... correlated pairs of stocks that moved in the same correction, and then take a long position in the undervalued and a short position in the overvalued stock when the correlation weakened. Most literature on pairs trading in the equity market are influenced by the early work of Gatev et al (2006). The ...
Epsilon Fund - Fideuram Vita
... Unitholders should be aware that investments in the Sub-Funds may involve credit risks. Investments in bonds or other debt instruments, for example, involve credit risk. In the event that any issuer experiences difficulties related to the general condition of credit markets or more specific situatio ...
... Unitholders should be aware that investments in the Sub-Funds may involve credit risks. Investments in bonds or other debt instruments, for example, involve credit risk. In the event that any issuer experiences difficulties related to the general condition of credit markets or more specific situatio ...
Semi-Annual Report
... sector allocations are subject to change and are not recommendations to buy or sell any securities. Mutual fund investing involves risk. Principal loss is possible. Past performance is not a guarantee of future results. Small and medium capitalization funds typically carry additional risks, since sm ...
... sector allocations are subject to change and are not recommendations to buy or sell any securities. Mutual fund investing involves risk. Principal loss is possible. Past performance is not a guarantee of future results. Small and medium capitalization funds typically carry additional risks, since sm ...
word - Investor Relations Solutions
... The Company is committed to bringing the best personal computing, portable digital music and mobile communication experience to students, educators, creative professionals, businesses, government agencies, and consumers through its innovative hardware, software, peripherals, services, and Internet o ...
... The Company is committed to bringing the best personal computing, portable digital music and mobile communication experience to students, educators, creative professionals, businesses, government agencies, and consumers through its innovative hardware, software, peripherals, services, and Internet o ...
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC
... research and development ("IPR&D") in accounting for the acquisition of CATS Computer Aided Technologies, Computeranwendungen in der Fertigungssteurung, GmbH ("CATS") in May 1998 (See Note D). The revised allocation is based upon methods prescribed in a letter from the Securities and Exchange Commis ...
... research and development ("IPR&D") in accounting for the acquisition of CATS Computer Aided Technologies, Computeranwendungen in der Fertigungssteurung, GmbH ("CATS") in May 1998 (See Note D). The revised allocation is based upon methods prescribed in a letter from the Securities and Exchange Commis ...
Pantaloons Fashion
... ABFRL's Madura sells four iconic brands (Louis Philippe, Van Heusen, Allen Solley and Peter England) and has successfully scaled up each- Louis Philippe and Van Heusen, the top 2 largest selling brands in India, individually clocked revenues of ~INR10b in FY15. A unique differentiator for ABFRL is t ...
... ABFRL's Madura sells four iconic brands (Louis Philippe, Van Heusen, Allen Solley and Peter England) and has successfully scaled up each- Louis Philippe and Van Heusen, the top 2 largest selling brands in India, individually clocked revenues of ~INR10b in FY15. A unique differentiator for ABFRL is t ...
LBO General Discussion
... • Leverage ranges from 6:1 to 12:1. Debt to EBITDA ranges from 3.5 times to 6 times or even more. • Investors seek equity returns of 20 percent or more – focus is on equity IRR rather than free cash flow. • Average life of 6.7 years, after which investors take the firm public. Bank amortizes senior ...
... • Leverage ranges from 6:1 to 12:1. Debt to EBITDA ranges from 3.5 times to 6 times or even more. • Investors seek equity returns of 20 percent or more – focus is on equity IRR rather than free cash flow. • Average life of 6.7 years, after which investors take the firm public. Bank amortizes senior ...
Advanced arithmetic
... ( 3 ) T h e value of a number is increased by placing a symbol of less value after one of greater value, as X I = 11, CX = 110. T h e less number is added to the greater number. ( 4 ) The value of a number is multiplied by 1000 by placing a bar over it, as C = 100,000, X = 10,000. 7. Among the ancie ...
... ( 3 ) T h e value of a number is increased by placing a symbol of less value after one of greater value, as X I = 11, CX = 110. T h e less number is added to the greater number. ( 4 ) The value of a number is multiplied by 1000 by placing a bar over it, as C = 100,000, X = 10,000. 7. Among the ancie ...
Direct Investing in Private Equity
... return for the LPs implied that “rents” were earned by private equity managers. Recently, using more comprehensive data, Harris, et al. (2013), Robinson and Sensoy (2013), and Axelson, et al. (2013a) show that on a net basis, private equity funds out-perform public benchmarks. However, the results a ...
... return for the LPs implied that “rents” were earned by private equity managers. Recently, using more comprehensive data, Harris, et al. (2013), Robinson and Sensoy (2013), and Axelson, et al. (2013a) show that on a net basis, private equity funds out-perform public benchmarks. However, the results a ...
Challenges in advanced management accounting
... A strategic approach to management accounting also requires collection of data from the external environment. This may in part be a regular process of monitoring competitors’ share prices, accounting reports, newspaper reports and social media on the internet. However, it also requires an element of ...
... A strategic approach to management accounting also requires collection of data from the external environment. This may in part be a regular process of monitoring competitors’ share prices, accounting reports, newspaper reports and social media on the internet. However, it also requires an element of ...
USING DAILY STOCK RETURNS
... repeated application of each methodology to samples that have been constructed by random selection of securities and random assignment of an ‘event-date’ to each security. With randomly selected securities and event dates there should be no abnormal performance on average if performance is measured ...
... repeated application of each methodology to samples that have been constructed by random selection of securities and random assignment of an ‘event-date’ to each security. With randomly selected securities and event dates there should be no abnormal performance on average if performance is measured ...
Ratio Analysis
... Solvency Ratios Solvency ratios help managers evaluate a company’s ability to pay long term debt. Solvency ratios are important because they provide lenders and owners information about a business’s ability to withstand operating losses incurred by the business. These ratios are: Solvency Rat ...
... Solvency Ratios Solvency ratios help managers evaluate a company’s ability to pay long term debt. Solvency ratios are important because they provide lenders and owners information about a business’s ability to withstand operating losses incurred by the business. These ratios are: Solvency Rat ...
Part I – Introduction - LSA
... - Incentive to say that all of capital structure is debt (b/c can deduct interest payments). 1. Is the instrument labeled a debt instrument? 2. Is there a fixed maturity date? Debt by def’n is due at some point in the future; contrast to traditional common shares – no period at which time shares get ...
... - Incentive to say that all of capital structure is debt (b/c can deduct interest payments). 1. Is the instrument labeled a debt instrument? 2. Is there a fixed maturity date? Debt by def’n is due at some point in the future; contrast to traditional common shares – no period at which time shares get ...
Should Dark Pools Improve Upon Visible Quotes
... of dark trading within a limit order market, where visible orders may interact with hidden orders at the exchange. In this paper, I study impact of a dark pool that may divert orders away from the visible market. My predictions may also explain some of the seemingly contradictory results in the emp ...
... of dark trading within a limit order market, where visible orders may interact with hidden orders at the exchange. In this paper, I study impact of a dark pool that may divert orders away from the visible market. My predictions may also explain some of the seemingly contradictory results in the emp ...
Cost Approach Inconsistencies
... The cost approach is probably the least favored approach to value. However, the fundamental relationship between the cost of a project and market value absolutely must be understood. The direction of a local real estate market can be determined by the understanding of how the cost of putting improve ...
... The cost approach is probably the least favored approach to value. However, the fundamental relationship between the cost of a project and market value absolutely must be understood. The direction of a local real estate market can be determined by the understanding of how the cost of putting improve ...
Herdez: an attractive play in a defensive industry, at a
... Additionally, the acquisition of the frozen yogurt unit in 2013 (Nutrisa) and the ice-cream business from Nestlé a few days ago are key value drivers that we feel are not yet fully appreciated by the market. This latest acquisition will deploy an issuance of another MP1,000 million bonds, increasing ...
... Additionally, the acquisition of the frozen yogurt unit in 2013 (Nutrisa) and the ice-cream business from Nestlé a few days ago are key value drivers that we feel are not yet fully appreciated by the market. This latest acquisition will deploy an issuance of another MP1,000 million bonds, increasing ...