Sentence examples for estimate of fair from inspiring English sources

His estimate of fair value for the stock was $28 a share, 12 times his estimate of next year's earnings.

To be fair, the accounting rules give the firms a difficult job in evaluating a bank's estimate of fair value of securities that rarely trade.

Andrew W. Massie, lead manager of Ivy Cundill Global Value, says he hunts for companies that look like "disasters" — those that have experienced serious setbacks that have pushed their prices far below his estimate of fair value.

"We sold the brokerage in October we're valuation oriented, and we found them overpriced relative to our estimate of fair value," says chief investment officer Craig T. Callahan.

Axa Rosenberg's model involves thousands of multivariate regression calculations, but it all boils down to the same thing that old-fashioned value investors are looking for: an estimate of fair value, which is then compared with current stock prices.

The euro is now above most estimates of fair value against the dollar, but it could well climb further.

"There's subjectivity and judgment involved on the part of management and ultimately the trustees in establishing those estimates of fair value and that's all they can be estimates," explains a Cooper & Lybrand auditor.

In these transactions, though, Citigroup paid an estimate of the fair value of its portion of the swaps -- hundreds of millions of dollars each time -- immediately.

And the inherent uncertainty tends to mean they trade at a discount, even to an objective estimate of their fair value.

It also cut its estimate of the fair market value of its stake in credit card loans that have been packaged and sold as asset-backed securities, trimming $136 million from prior estimates.

He downgraded Tesco's and Morrison's stock as analysts at Redburn also issued a note downgrading Tesco shares to a sell, after slashing its estimate of the fair value of the supermarket's stock by half.