Posts filed under “Valuation”

Profitibility at the World’s Biggest Tech Firms

 

click for ginormous graphic
Profitable2 copy
via Pando Daily

 

Category: Digital Media, Earnings, Technology, Valuation

A Few Words About Valuation

A few weeks ago, Yale Professor Robert Shiller won the Nobel prize for his work on irrationality and inefficiency of markets. Since then, we have been treated to a plethora of stories on some of his other work — especially so-called CAPE, Shiller’s measure of long term valuation. The general consensus seems to be that…Read More

Category: Investing, Trading, Valuation

Apple’s Rebound Q in One Giant Chart

click for larger graphic Source: TechCrunch

Category: Digital Media, Earnings, Valuation

Lagged P/E Ratios: Shiller Cape vs NIPA

click for ginormous charts Source: JP Morgan   JP Morgan observes: “Shiller P/E shows the market to be overvalued, but not as extreme if you use the NIPA data.” I’ve never used the NIPA data, so I have no real opinion on it.  The two charts look directionally similar, but different in terms of magnitude….Read More

Category: Data Analysis, Earnings, Valuation

Shiller: U.S. Stocks Are ‘Highly Priced’

Shiller’s cyclically adjusted price-earnings ratio click for ginormous chart Source: Bloomberg     Robert J. Shiller, a co-winner of this year’s Nobel Prize in Economic Sciences says US stocks are expensive. They are the most expensive relative to earnings they have been in more than five years — since the lows follwoing the great collapse…Read More

Category: Technical Analysis, Valuation

Whipsaw

Whipsaw David R. Kotok Cumberland Advisors, October 13, 2013     A whipsaw is a “long, narrowing, tapering ripsaw, usually set in a frame and worked by one or two persons.” Webster’s Unabridged Dictionary, second edition. What a play on words. “Long,” as in, we are now passing two weeks of shutdown. Different scenarios take…Read More

Category: Investing, Think Tank, Valuation

Shiller P/E Bottoms

Shiller P/E Bottoms Coincide with Major Lows, Downtrend Breaks Precede Rallies Click for ginormous chart Source: Merrill Lynch   Nice chart from Stephen Suttmeier & Co looking at how the Shiller P/E ratio compares to regular P/E at major lows, downtrend breaks, and before rallies: The good news is that secular trading ranges lead to…Read More

Category: Technical Analysis, Valuation

Beyond BRICs

Click to enlarge   Shorter Dave Wilson: Emerging markets have stunk the joint up. The longer version looks at some of the new ETFs that seek to shore up performance of emerging-market stocks by dropping the BRIC part of EM: -The four-country BRIC indicator has slipped 15 percent, with Brazilian stocks leading the decline. -Beyond…Read More

Category: Investing, Markets, Valuation

A Closer Look at Jeremy Grantham’s Expected Returns

Chart Attack,” FusionIQ’s Barry Ritholtz and Bloomberg’s Adam Johnson look at Jeremy Grantham’s 7-year expected returns. They speak on Bloomberg Television’s “Street Smart.”


Source: Bloomberg Aug. 21 2013

Category: Media, Valuation, Video

How Future Growth Impacts Current Equity Valuations

More fun with price-to-earnings ratios: Earlier this month, we looked at the question of whether Stocks were Cheap or Expensive. That was a follow up to our glance at how much Earnings and Equities had rallied off the 2009 lows. The problem is the many ways we can define earnings-per-share. Do we use analysts’ forward…Read More

Category: Earnings, Valuation