Sentence examples for formation year from inspiring English sources

We then calculate the average return for each postportfolio formation year, for each of the 10 illiquidity groups.

We then calculated the average return and average normalized illiquidity for each postportfolio formation year, for each of the 10 book-to-market groups.

Portfolio formation takes place at the end of April of every test year by identifying stocks for which normalized illiquidity for the preportfolio formation year is available.

The fixed effects in the model are the mean, and effects for group (group i ), ring formation year (year l ), and height class (height m ).

Ten portfolios are formed using normalized illiquidity for the pre-portfolio formation year ending in April for each year in the 33-year period between 1968 through 2000 for all AMEX and NYSE stocks identified on CRSP.

If monthly returns for a given stock disappears for a given stock during any month in a given postportfolio formation year (May through April), we assumed that the investor invested in a randomly chosen stock with similar market capitalization for the remainder of the year (i.e., until the end of April).

We calculated annual return using these monthly returns for May through April of each of the five postportfolio formation years.

The average values across the 33 years in the sample of the annual returns are reported in this table for each of the five post-portfolio formation years.

Annual return is then calculated using these monthly returns for May through April of each of the five post-portfolio formation years.

The average values across the 33 years in the sample of the annual normalized illiquidity are reported in this table for each of the five post-portfolio formation years.

Concerns about traffic congestion from freight transportation led to the formation years ago of an I-95 Corridor Coalition of transportation agencies and officials, with members from Maine to Florida.