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The executives also received $1.7 million in stock, on average, up 14percentt from the previous year.
However, that changed quite a bit in the 1990s when the announcement of a work-family initiative resulted in a positive swing of the stock- on average 0.48%.
Unlike the house-price data promulgated by the real estate industry which simply lumps together all prices, ignoring the fact that the housing stock, on average, gets bigger and fancier over time the Case Shiller numbers are an accurate gauge of changes in value experienced by owners.
Adjusting the portfolio holdings by the Aggressive HFT index (reducing the holdings in stocks with high aggressive HFT participation and increasing holdings with a low aggressive HFT (data can be downloaded from Quandl) does not do much to the stock returns, however, it does reduce volatility from 8% per annum to 6% per stock, on average.
$100 notes are the largest denomination issued by the Federal Reserve, which make up 60percentt of the value of all the U.S. currency outstanding, and demand for them comes predominantly from outside the U.S. Since the 1990s, the overseas stock of dollars has been growing about three times faster than the domestic stock on average.
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On a price-to-earnings basis, they now cost only 50percentt of American stocks, on average, compared with 80percentt historically.
The final maps show that the carbon stocks in the soil below 30 cm accounted for 33% of the total SOC stocks on average.
One obvious target at the moment might seem to be the Canadian stock market, because its stocks, on average, have relatively high price-to-book ratios.
And here is another telling statistic: While the S.E.C. restrictions were in place, these stocks, on average, actually performed worse than the rest of the market.
Builders' stocks, on average, have traded at price-to-earnings ratios of 5 to 8, compared with the mid-20s for the Standard & Poor's 500-stock index.
But the gains were biggest for communication equipment, computer software and semiconductor stocks; on average, the prices of these shares were at least 48percentt higher a year later.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com