Money and Finance
- The Q Ratio And Market Valuation: Monthly Update
Via Doug Short: Link to: The Q Ratio and Market Valuation: Monthly Update ...
- The Q Ratio And Market Valuation: Monthly Update – By Doug Short
Based on the latest Flow of Funds data, the Q Ratio at the end of the first quarter was 0.96. Now, five months later, the broad market is up about 1.0%. My latest estimate would put the ratio about 38% above its arithmetic mean and 48% above its geometric...
- Ed Easterling On Fair Value
From Probable Outcomes: “The concept of fair value relates to the appropriate value for the stock market given existing economic and market conditions. For example, when the inflation rate is in the mid-range, then bond yields should be in the mid-range...
- John Mauldin's Outside The Box: Converging On The Horizon - By Ed Easterling
The end is near! Stock market history and earnings cycle history are converging. As a result, the market is likely to be down for the year 2011 or 2012. If not, then it will have been different this time. Crestmont’s research focuses primarily on long-term...
- Stock Valuation Method - Average P/e Ratio
In an attempt to determine the fair value or a target entry price for a stock, it's best to use multiple methods to compare across different metrics. This is the 3rd part in my series on stock valuation methods in which I've already covered...
Money and Finance
Crestmont Market Valuation Update
Via Doug Short:
The Crestmont P/E of 19.9 is 45% above its average (arithmetic mean) of 13.7. This valuation level is similar to the 44% we see in the latest S&P Composite regression to trend update and higher than the 26% above mean for the Cyclical P/E10 (more here).
The Crestmont P/E of 19.9 puts the current valuation at the 90th percentile of this 141-year series.
- The Q Ratio And Market Valuation: Monthly Update
Via Doug Short: Link to: The Q Ratio and Market Valuation: Monthly Update ...
- The Q Ratio And Market Valuation: Monthly Update – By Doug Short
Based on the latest Flow of Funds data, the Q Ratio at the end of the first quarter was 0.96. Now, five months later, the broad market is up about 1.0%. My latest estimate would put the ratio about 38% above its arithmetic mean and 48% above its geometric...
- Ed Easterling On Fair Value
From Probable Outcomes: “The concept of fair value relates to the appropriate value for the stock market given existing economic and market conditions. For example, when the inflation rate is in the mid-range, then bond yields should be in the mid-range...
- John Mauldin's Outside The Box: Converging On The Horizon - By Ed Easterling
The end is near! Stock market history and earnings cycle history are converging. As a result, the market is likely to be down for the year 2011 or 2012. If not, then it will have been different this time. Crestmont’s research focuses primarily on long-term...
- Stock Valuation Method - Average P/e Ratio
In an attempt to determine the fair value or a target entry price for a stock, it's best to use multiple methods to compare across different metrics. This is the 3rd part in my series on stock valuation methods in which I've already covered...