earnings are modified for risk and no further adjustment to the discount rate should be used beyond risk-adjusted expected earnings. Their model specifies that risk residing in economic fundamentals, i.e
pattern, and earnings streak are interchangeably used throughout the paper. By these words I mean a string of consecutive increases in quarterly earnings defined in section 4.1. 3 in turn, leads to a
expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with
, and eventually dropped. Premium on certain policies had been adjusted to suit their corresponding risks. Also, earned premium had risen by 16.45% Motor insurance contributed 75.29% to the company’s
Power BI visualization of our results can be accessed at http://bit.ly/2PjAo2L. Keywords: equity mutual funds, risk-adjusted return, flow-performance relationship JEL Classification Code: G11 http
market liquidity indexes are (1) turnover value (2) illiquidity ratio (3) adjusted zero return measure (4) illiquidity ratio (5) return reversal measure (6) Liu’s measure or turnover adjusted number of
Junction branches that could not achieve its target performance. In the past year, the Company closed a total of 5 branches. However, the Company has adjusted its operating strategies by increasing sales
proportion. The company received such a valuation in December 2017. Therefore, profit and loss statements for the third quarter, the year 2017 that was compared must be adjusted that the company already knows
. The increase in demand by air freight, in particular, encouraged the cross-border land transportation (CBS) business to turn a profit on the net loss last year. This contributed to a significant growth
. The increase in demand by air freight, in particular, encouraged the cross-border land transportation (CBS) business to turn a profit on the net loss last year. This contributed to a significant growth