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Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

Thus, looking at only the companies in the S&P 500 may give you more reliable data, with fewer missing observations, but your results will reflect what large market cap companies in any sector or industry do, rather than what is typical for that industry.

Dividends 105
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Precision in Valuation: Integrating the Beneish M-Score for Accurate Business Worth

Equilest

A wide range of techniques, such as the asset-based strategy, market approach, and income approach, have been employed by analysts. For example, the market technique compares the company to similar enterprises that have previously been sold, whereas the income approach may involve determining the present value of future cash flows.

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Data Update 1 for 2023: Setting the table!

Musings on Markets

Counter made-up numbers : It remains true that people (analysts, market experts, politicians) often make assertions based upon either incomplete or flawed data, or no data at all. Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world.

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Data Update 1 for 2025: The Draw (and Danger) of Data

Musings on Markets

In corporate finance and investing, which are areas that I work in, I find myself doing double takes as I listen to politicians, market experts and economists making statements about company and market behavior that are fairy tales, and data is often my weapon for discerning the truth. Equity Risk Premiums 2. Buybacks 2.

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Data Update 5 for 2025: It's a small world, after all!

Musings on Markets

The Indian and Chinese markets cooled off in 2024, posting single digit gains in price appreciation. The Indian and Chinese markets cooled off in 2024, posting single digit gains in price appreciation. I converted all of the market capitalizations into US dollars , just to make them comparable.