The Big Picture

OCTOBER 24, 2022

And there was just a very rich development period, which I think at the time, I don’t know, if I fully appreciate it, I’m someone who likes to see change licensing developments. And how do we think about them from a valuation perspective? And so, it required us, you know, a bit of patience over that stretch.

Portfolio 130

Portfolio Management Assets Investing 130

Validea

APRIL 1, 2024

While there is no single universally accepted definition, most quality-focused investors look at factors such as: The Definition of Quality Return on Invested Capital (ROIC): This measures how efficiently a company generates returns on the capital it deploys. So what exactly constitutes a “high quality” company?

Investing 52

Investing Investments Pharmaceutical Portfolio 52

Brown Advisory

AUGUST 24, 2017

As noted above, private real estate valuations generally only change according to periodic property appraisals, whereas REITs, like stocks and bonds, are subject to open-market volatility. *We Bonds from issuers with an emerging markets country of risk, based on Barclays EM country definition, are excluded. Source: Thomson Reuters.

Portfolio 52

Portfolio Assets Clients Management 52

James Hendries

OCTOBER 25, 2022

Technical Definition. First, a recession has an important technical definition that’s different than what many people think. Often that view is a good general approximation but not the technical definition. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from FactSet.

Marketing 52

Marketing Marketing Economics Economy 52

James Hendries

JANUARY 13, 2023

economy to avoid recession, and support above-average valuations. The relationship between inflation and stock valuations is a strong one, as shown in Figure 2 , which meant the market could no longer support price-to-earnings (P/E) ratios over 20 (the same goes for the relationship between interest rates and stock valuations).

Marketing 52

Marketing Marketing Valuation Asset Allocation 52

Brown Advisory

SEPTEMBER 22, 2017

Defining the question in this way is appealing: it demands a definitive yes-or-no answer. There are many challenges to finding definitive causality between ESG data and financial performance. based provider of high- end integrated processors, has licensed ARM’s designs for greater efficiency and functionality in the server market.

Portfolio 52

Portfolio Investing Investments Management 52

Brown Advisory

SEPTEMBER 22, 2017

Defining the question in this way is appealing: it demands a definitive yes-or-no answer. There are many challenges to finding definitive causality between ESG data and financial performance. based provider of high- end integrated processors, has licensed ARM’s designs for greater efficiency and functionality in the server market.

Portfolio 52

Portfolio Investing Investments Management 52

James Hendries

JUNE 26, 2023

While the 20% qualifier meets the technical definition of a bull market, there is additional evidence supporting the transition from a bear to bull market. With the broad market overbought in the short-term from a technical analysis perspective and valuations elevated, stocks may be due for a pause. All index data from FactSet.

Marketing 52

Marketing Marketing Asset Allocation Valuation 52

James Hendries

JULY 3, 2023

While this latest rally may have outpaced fundamentals in the short term, from a technical analysis perspective, and valuations look full, at the same time, the resilience of the U.S. It is also a major component used to calculate the price-to-earnings valuation ratio. economy and corporate America have has been impressive.

Marketing 52

Marketing Marketing Banking Valuation 52

James Hendries

JANUARY 31, 2023

It is a financial ratio used for valuation: a higher PE ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower PE ratio. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from Bloomberg.

Marketing 52

Marketing Marketing Valuation Insurance 52

James Hendries

JANUARY 26, 2023

Should the Fed pause after a March interest rate hike, the stage may be set for a nice stock market rebound on the back of falling inflation, reasonable valuations, and stable interest rates. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from Bloomberg.

Marketing 52

Marketing Marketing Economy Economics 52

James Hendries

AUGUST 3, 2022

The technical definition of recession is not two consecutive quarters of negative growth as many believe, but rather must include these three ingredients: A significant decline. It is also a major component used to calculate the price-to-earnings valuation ratio. Insurance products are offered through LPL or its licensed affiliates.

Marketing 98

Marketing Marketing Economy Valuation 98

James Hendries

NOVEMBER 15, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Insurance products are offered through LPL or its licensed affiliates. All index data from FactSet.

Portfolio 52

Portfolio Taxes Government Investment Advisor 52

James Hendries

AUGUST 15, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Insurance products are offered through LPL or its licensed affiliates.

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

James Hendries

OCTOBER 7, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Insurance products are offered through LPL or its licensed affiliates. All index data from FactSet.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

James Hendries

JANUARY 20, 2023

It is a financial ratio used for valuation: a higher PE ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower PE ratio. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from Bloomberg.

Marketing 52

Marketing Marketing Economy Economics 52

James Hendries

SEPTEMBER 8, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Insurance products are offered through LPL or its licensed affiliates.

Portfolio 52

Portfolio Taxes Investment Advisor Asset Allocation 52

James Hendries

JULY 13, 2022

It is also a major component used to calculate the price-toearnings valuation ratio. For a list of descriptions of the indexes referenced in this publication, please visit our website at lplresearch.com/definitions. Insurance products are offered through LPL or its licensed affiliates.

Portfolio 52

Portfolio Asset Allocation Taxes Investment Advisor 52

James Hendries

JUNE 20, 2023

It is a financial ratio used for valuation: a higher PE ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with lower PE ratio. It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from FactSet.

Marketing 52

Marketing Marketing Economy Communication 52

James Hendries

SEPTEMBER 27, 2022

While both core and core plus funds focus on investment grade (IG) rated bonds, by definition, core bond funds hold less than 5% of net assets in below IG rated bonds (on average, less than 2% over the last 36 months). It is also a major component used to calculate the price-to-earnings valuation ratio. All index data from FactSet.

Asset Allocation 52

Asset Allocation Marketing Marketing Assets 52

James Hendries

DECEMBER 4, 2022

Retailer valuations have also taken a hit, as the forward (next 12 months) P/E multiple has contracted ~20% year to date, from ~27x to ~22x currently. It is also a major component used to calculate the price-to-earnings valuation ratio. Insurance products are offered through LPL or its licensed affiliates.

Retail 52

Retail Marketing Marketing Sales 52

The Big Picture

SEPTEMBER 5, 2023

And we’d sort of turn that into a valuation business. MILLER: Well actually I thought, leading up to the great financial crisis, I thought to myself, we’re going to be out of business within a couple of years because nobody wanted an independent valuation. What are the, you know, I’d literally have it in my handheld.

Sales 130

Sales Numbers Taxes Marketing 130

James Hendries

JULY 6, 2022

While we acknowledge that a V-shaped recovery is probably not in the cards and prior valuation targets no longer appear achievable, we remain constructive on equities for the second half, but not complacent. Remember stock valuations are inversely correlated to inflation and interest rates. So a P/E over 20 is probably too rich.

Marketing 52

Marketing Marketing Valuation Economy 52

The Big Picture

FEBRUARY 7, 2023

And you know, so there was starting to be some data and evidence that this chemical, you know, could be dangerous to people, but not necessarily completely definitive. And he produced a document that was supposedly, you know, definitive, and that became pretty much totally debunked. He was taking fees for licensing his name.

Engineering 254

Engineering Banking Management Numbers 254