[New post] New GIBS whitepaper: A modified Shiller’s cyclically adjusted price-to-earnings (CAPE) ratio for stock market index valuation in a zero-interest rate environment. By Roberto Catanho & Adrian Saville

GIBS Blog posted: " The cyclically adjusted price-earnings ratio (CAPE) is a tool that has become widely used to predict market returns. However, recently, deterioration in its forecast strength has surfaced. At the same time, global long-term interest rates have declined a" New post on The GIBS Blog (Gordon Institute of Business Science) New GIBS whitepaper: A modified Shiller's cyclically adjusted price-to-earnings (CAPE) ratio for stock market index valuation in a zero-interest rate environment. By Roberto Catanho & Adrian Saville by GIBS Blog The cyclically adjusted price-earnings ratio (CAPE) is a tool that has become widely used to predict market returns. However, recently, deterioration in its forecast strength has surfaced. At the same time, global long-term interest rates have declined and are expected to remain at record lows, which the CAPE fails to consider. Omitting to fully examine […] Read more of this post GIBS Blog | April 5, 2022 at 7:25 am | Tags: Cape-ratio, Capital allocation, Interests rates, Markert returns, South Africa | Categories: Business education, GIBS research, GIBS whitepapers | URL: https://wp.me/p157BQ-254 Comment    See all comments Unsubscribe to no longer receive posts from The GIBS Blog (Gordon Institute of Business Science). Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://gibsic.blog/2022/04/05/new-gibs-whitepaper-a-modified-shillers-cyclically-adjusted-price-to-earnings-cape-ratio-for-stock-market-index-valuation-in-a-zero-interest-rate-environment-by-catanho-roberto-saville-adrian/