Sentence examples for the overvaluation from inspiring English sources

The overvaluation hypothesis (Miller, 1977) predicts that (a) stocks are overvalued in the presence of short selling restrictions and that (b) the overvaluation increases in the degree of divergence of opinion.

Intuitively, sectors presenting a higher ratio will be facing a reduction in cost whenever the national currency is overvalued and therefore alleviates the negative effect caused by the overvaluation.

It found that in that scenario, the assets were effectively overvalued today by $2.5tn, but that there was a 1% chance that the overvaluation could be as high as $24tn.

It's also the overvaluation suggested by Mr. Shiller's historical index.

And it seems likely that large capital inflows contributed to the overvaluation of Western assets.

And measures of the bullishness of Wall Street traders confirm Mr. Prechter's assessment of the overvaluation.

Perhaps the US's higher ratio reflects the overvaluation of stocks like Twitter and Facebook.

But the story goes beyond the overvaluation of a toaster merchant.

It is also possible that Beane sought to exploit a new market inefficiency-the overvaluation of prospects.

Just as important, on most valuation measures such as price/earnings ratios, stockmarkets, even though well down from the overvaluations of the late 1990s, remain expensive.

The overvaluations that we see in the tech sector are infecting food startups.