benchmark
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Integration, uncertainty and information: how do they affect planning performance?
... Managers can use the results presented herein as a benchmark to focus their efforts on developing specific integration mechanisms and improving specific points regarding information quality, for instance. This ...
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Decreto, DECRETO Nº 56.155, DE 25 DE OUTUBRO DE 2021. Aprova o Regimento Interno da Secretaria de Planej
... modernizao da gesto de pessoas, bem como promover aes voltadas para a otimizao dos processos, buscando as melhores prticas de mercado e "benchmark" alinhados Estratgia Governamental; VII - identificar, junto s reas da Subsecretaria, as aes e os recursos necessrios para as novas solues de ...
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Fundador de 'unicórnio', fortuna com games: quem é o brasileiro que comprou mansão de R$ 125 milhões no Vale do Silício
... No ano passado, a companhia foi avaliada em US$ 3 bilhes, tendo como um dos seus investidores a prpria Benchmark. o mais mais valioso estdio de games da Amrica Latina ... Desde antes da pandemia, Lazarte est baseado nos EUA, onde investidor e conselheiro da ...
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Index Tracking com Controle do Número de Ativos
Index tracking e uma estrategia de investimento passiva, com objetivo de formar portfolios para reproduc¸ao do desempenho de um indice do mercado. Esse artigo apresenta uma proposta de modelagem de otimizac¸ao de index tracking com controle do numero de ativos na carteira, correspondente `a restricao de custos de transacao. O modelo e aplicado ao Ibovespa entre Jan/2009 e Jul/2012. Foram formadas
... Gaivoronski, Alexei A., Krylov, Sergiy, & Van der Wijst, Nico. 2005. Optimal Portfolio Selection and Dynamic Benchmark ... -
Evidências empíricas das taxas de desconto na avaliação de empresas no Brasil
O objetivo da pesquisa é investigar e avaliar se, na média, as projeções das taxas de desconto feitas pelas empresas brasileiras, em laudos de avaliação, são aderentes ao longo do tempo ao realizado. Foram levantadas as projeções das variáveis (Ki; Ke e WACC) nos laudos de avaliação para Oferta Pública de Aquisição de Ações (OPAs) no período de 2005 a 2009, e comparadas às médias realizadas pelos
... na avaliação um prêmio extra pelo nível de risco do mercado emergente é essencial, quando a premissa é obter a taxa de desconto por benchmark. Esse prêmio pode incluir elevados níveis de inflação, a volatilidade macroeconômica, os controles de capitais, as mudanças políticas, as de ... -
The impact of cryptocurrencies on the performance of multi-asset portfolios: Evidence from Brazil/ O impacto de criptomoedas na performance de carteiras multiativos: Evidencias para o Brasil.
... para perfil de risco agressivo (maxMVcon, [delta] = 2), Black-Litterman para perfil de risco conservador (maxMVBLcon, [delta] = 10, benchmark = STWcon), Black-Litterman para perfil de risco moderado (maxMVBL, [delta] = 5, benchmark = STW) e Black-Litterman para perfil de risco agressivo ...
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Realized semicovariances: Empirical applications to volatility forecasting and portfolio optimization.
... We use the popular HAR model of Corsi (2009) as the benchmark for comparison. In terms of portfolio optimization, our benchmark is the minimum variance optimal portfolio obtained with the traditional realized ...
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Small businesses still struggling to borrow
... They say the tables used before the beginning of the crisis were kept, and in some cases even reduced, because of the decline of the Selic benchmark rate. Central Bank data also show stability or fall of rates. This doesn't mean money is not becoming more expensive to borrowers, who may have their ...
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As oil rises, gap with fuel prices widens in Brazil
... of time, as the worsening war in Ukraine puts pressure on the price of the commodity, analysts say.On Wednesday, the Brent barrel, a global benchmark, closed the day up 7.58%, at $112.93 - the highest since 2014. In addition to the escalation of the war in Ukraine and more difficulties for trading ...
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Central Bank foresees fiscal solution only after elections
... expected, and economic analysts have started to raise their projections for GDP growth.The risks to the activity caused by the hikes in the benchmark interest rate Selic have always been present and, in theory, the Central Bank should be monitoring them throughout the tightening cycle. If anything ...
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Inflation targets should be revised, asset managers say
... The benchmark forecast by the National Monetary Council (CMN) for 2023 is 3.25%, with a tolerance of 1.5 percentage points up or down.The manager argued that the ...
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End of shareholders agreement dilutes control of Vale
... It is a considerable yield considering Selic, Brazil's benchmark interest rate, is at 2% a year ... Although the main interest of the market is the destination of the 20.26% of shares, there are other topics on ...
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Brazil to have 27% of U.S. standard of living by 2060, OECD says
... benchmark is not inevitable, but rather reflects the base case assumption of no policy change. And it calculates that these emerging economies could accelerate ...
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Asset managers that grow faster in Brazil unveil their strategies
... One reason was the increase in the Selic, Brazils benchmark interest rate. This contributed to increase the yield of this class of assets, since many fixed income products have their variation tied to the ...
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Foreigners remain wary about Brazilian bonds
... above the neutral interest rate (that neither accelerates nor attenuates growth) estimated by the Central Bank in December, of 3.6%.Brazils benchmark interest rate is at 11.75% per year and, according to market expectations, it continue to rise, exceeding 13% in the coming months."Nominal interest ...
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Acquisitions boost stocks on B3. But is Brazil cheap?
... out by Valor Data, of the 74 shares of companies that went public at B3 between 2020 and 2021, 49 underperformed the Ibovespa, Brazils benchmark stock index. This is the case of Hidrovias do Brasil, which is down 67% since its debut, on September 24, 2020, while Ibovespa has climbed 19%. CSN ...
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Fixed income prevails in Q1 amid high uncertainty
... In the year, Brazils benchmark stock index Ibovespa is still down 5.5% until the 30th. Stocks linked to consumption fell nearly 10%, due to the dependence on credit. Among ...
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Lower beef consumption amid lockdown challenges meatpackers
... up the price of the arroba (a metric unit equal to 15 kilos) at around R$200 - considering trading in the state of So Paulo as Brazil's benchmark. Even if the resumption of Chinese demand represents only the return of a market that buys less than 10% of Brazilian production, it is enough to ...
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Property developers crowd IPO pipeline
... For him, the current situation is better than in 2007. "The Selic [benchmark interest rate] was at 12%. Today, it's 2%," he says. He also highlights the significant growth in the number of individuals investing in stocks. "But ...
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Return of foreign capital provides a boost to Brazilian real
... In a report released to the press, the bank estimates that the Ibovespa, Brazil's benchmark stock index, will reach 130,000 points next year. It ended Wednesday at 111,879 points ... "Foreign investor still have a very low allocation in ...
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Companies to raise R$22bn in stock market in atypical February
... As the stock market is at a high level, close to benchmark stock index Ibovespa's record, the companies that have driven this movement need to sell fewer stocks to raise substantial capital. These prices are ...
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Omicron variant brings risk to already uncertain scenario
... see again fixed-income options as an escape valve, said Lucas Radd, head of portfolios and advisory at Banco Inter.With the Selic, Brazils benchmark interest rate, and IPCA on the rise, he said there are very attractive premiums, both in government and corporate debt, with double-digit nominal ...
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Investors who hold on to risky assets are rewarded
... rate for international diversification, he says investors have to consider the interest rates at 12.75%, the level the Selic, Brazils benchmark interest rate, is expected to reach. "The opportunity cost has increased and its not easy out there. With the Fed raising interest rates and no one ...
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Foreign investors step up withdrawals from B3
... He points out that the U.S. Nasdaq index, made up mainly of companies in the technology sector, is up 11.94% in 2023, while Brazils benchmark stock index Ibovespa is down 7.79% in the same period. There was, he said, a movement of asset rotation. "A lot of people had to stop and leave ...
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Steel industry pressures government amid rising imports
... remains unequal even after the company invested R$12 billion in Brazilian operations in the last decade and built factories considered "benchmark" under different criteria within the group.The imbalance between supply and demand in the Brazilian market arises mainly from the growing volume of ...