The Shiller PE Ratio was the second highest, ever. Only the 1999 bubble was higher. When the stock market is trading so expensive, we have to be prepared for the trend to reverse the other direction. Below is a 20-year monthly chart of the S&P 500. I added the green highlight to sh...
Figure 2 shows the distribution of our Predictive Ratings for all sector ETFs and mutual funds. Figure 2: Distribution of ETFs & Mutual Funds (Assets and Count) by Predictive Rating Source: New Constructs, LLC and company filings Figure 3 offers additional details on the quality of the sector ...
A Resilient Economy Means Opportunities in Fixed Income - ETF Trends Tue, 16 Jan 2024 Fixed Income Outperformed in 2023, But Not All Outperformance Was Equal - ETF Trends Financial Analysis Price to Book Value: P/BV, a ratio used to compare book value to its current market price, to gauge...
NVR has grown after-tax profit (NOPAT) by an impressive 30% compounded annually. Over this same time, NVR has improved return on invested capital (ROIC) from 12%
In this case, by using aggregate data, we define the public pay gap as the ratio of total compensation per employee in the general government sector over that of the private sector. Our main findings are the following. First, we show that more than half of the cross-sectional variation in...
increase in CO2emissions and pollution due to the promotion of energy consumption, production and distribution of economic resources based on fossil fuels. In contrast, some studies emphasize that financial development reduces carbon emissions through the ratio of domestic credit to the private sector ...
For TES in district heating, energy-to-power ratio is 1.12 h. In 2025, the model deploys extensive district heating TES. However, as these systems approach the end of their operational lifetimes by 2050, the installed capacity decreases considerably. By 2050, the system gains access to ...
On the other hand, in the context of the issuance of new shares generally at very high price earnings ratio, a large number of stocks with ten times price earnings ratio in the two tier market are favored by off court funds. Even the most recent adjustment of the largest real estate stoc...
(xij, βj), the metafrontier f (xij, β∗) can also be expressed as the following equation [23]: ln f (xij, βj) = ln f (xij, β∗) − Ui∗j (11) where Ui∗j refers to the non-negative technology gap ratio and is assumed to be distributed as truncated-normal [23...
Finally, the CI factor describes the ratio of CO2 emissions and energy consumed. This factor represents the quality of the energy mix from the view of CO2 emissions. The LMDI I analysis of total CO2 emissions from industrial sectors in China was conducted by the following equation (Equation (...