Remove Price to Earnings Remove Risk Premium Remove Technology
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Data Update 2 for 2024: A Stock Comeback - Winning the Expectations Game!

Musings on Markets

The first is that it was an uneven recovery, if you break stocks down be sector, which I have, for both US and global stocks, in the table below: As you can see, technology was the biggest winner of the year, up almost 58% (44%) for US (global) stocks, with communication services and consumer discretionary as the next best performers.

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

Equilest

By identifying earnings manipulation and guaranteeing more accurate firm values, this clever little technology is here to save the day. A high M-Score could indicate higher risk, warranting a higher discount rate and thus a lower valuation. It's like adding a risk premium, but based on hard data rather than gut feeling.