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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
4 mins to read

Forecasting sharemarket returns

On the Money: A look at simple sharemarket valuation measures and some interesting new research.

The Holy Grail for sharemarket investors is finding some measure of value that indicates the market in general, or a stock in particular, is cheap. Probably the most popular valuation measures used by retail investors are the price/earnings multiple (PE) and the dividend yield (DY).

But do they

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Brent Sheather Sun, 20 Sep 2020
Contact the Writer: brent@cpam.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Forecasting sharemarket returns
Analysis,
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