Musings on Markets

JANUARY 9, 2021

To illustrate, consider a practice in valuation, where analysts are trained to add a small cap premium to discount rates for smaller companies, on the intuition that they are riskier than larger companies. It is true that the Turkish company will face more risk because of its location, but that is an issue separate from currency.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Musings on Markets

JANUARY 5, 2024

That year, I computed these industry-level statistics for five variables that I found myself using repeatedly in my valuations, and once I had them, I could not think of a good reason to keep them secret. Valuation Pricing Growth & Reinvestment Profitability Risk Multiple s 1. Profit Margins 1. Earnings Multiples 2.

Valuation 98

Valuation Financial Analysis Analyzing Data Profit and Loss 98

Barry Ritholtz

MARCH 21, 2023

ASNESS: Some of the things like betting against beta, quality or profitability, carry strategies were additions over time. ASNESS: And we had a great almost a decade, because everything else we do work, profitability one; fundamental, momentum one; low risk one. ASNESS: There are a few reasons. RITHOLTZ: Okay. RITHOLTZ: Past decade.

Profit and Loss 64

Profit and Loss Valuation Forecasting Investments 64