但任何一种方法的价值效应都是有限的。
But the value efficiency of any methods lies within a limited range.
研究同时发现，上海股票市场具有很强的规模效应和价值效应。
This paper also finds that scale effect and value effect exist in Shanghai stock market.
批评家们指出这种方法仅仅利用了价值效应，这是一种长期形成的股票选取方法。
Critics say that this approach simply exploits the value effect, a long-established approach to stock-picking.
存在着像规模效应、时间效应、价值效应、惯性策略与反转策略等诸多异常现象。
There are still some anomalies such as small-firm effect, time effect, Book-to-market effect, momentum trading strategy and contrary investment strategy.
目前有大量关于并购绩效的理论和实证文献，综合来看，并购的价值效应存在很大的不确定性。
Nowadays there have been large amount of theoretical and empirical studies on M&A performance. However, comprehensively, there is great uncertainty concerning value effect of the M&A.
探讨了图书馆信息营销的核心价值效应，并构造以营销为核心的业务流程来达到对图书馆的业务流程再造。
This paper probes into the effect of the core value of library's information marketing, and constructs the operation flow centering on the marketing for reconstructing library's operation flow.
相对瞬间模型，价值效应作用的时间范围较长，于是乎，采用这个模型的投资者买入时恰逢采用瞬间模型的投资人卖出。
The value effect works on a much longer time horizon than momentum, so that investors using those models may be buying what the momentum models are selling.
很长一段时间以后(大约超过三年)，一种名为“价值效应”的反方向异常现象就会发生：价格长期位于低水平的股票会发生反弹。
Over long periods (more than three years or so) an opposite anomaly known as the value effect occurs: shares that are depressed in price tend to rebound.
在过去的30多年里，西方学者对并购价值效应方面进行了大量的学术研究，但综合起来看，并购的价值效应存在很大的不确定性。
Over the past more than 30 years, the western scholar has carried on a large amount of academic research in the effect of M&A, but it exists very great uncertainty.
文章提出了图书馆创办书吧的设想，对于书吧的性质、经营项目、选址和环境设计问题做了详尽的说明，阐明了该构想的可行性和价值效应。
The article poses the idea of having "book pub" in the library, and explains the nature, program, location and design of a "book pub", and expounds the ideas feasibility and value.
诱饵效应起作用是因为我们大脑在做选择时会确定选择的价值。
The decoy effect works because of the way our brains assign value when making choices.
类似提高名誉的正面连带效应是不是比“此时此刻”的现金补偿更具长期价值？
Are positive derivative effects like reputation enhancement much more valuable in the long run than here-and-now cash compensation?
他发现动量效应即便在公司的规模和价值(定义为价格与账面)标准受数据限制的情况下依然会持续。
He finds that the momentum effect persisted even when the data were controlled for company size and value (defined as price-to-book) criteria.
再加之以其强大的网络效应(视频通话服务如果没人用，能有多少价值呢？)
When combined with its powerful network effect-how valuable is a video calling service if there is nobody to call?
二十年前人们还认为不存在房产财富效应，后来虽然有研究发现了房产价值变动对消费支出的影响，但比股价变动而产生的影响要小得多。
Two decades ago, it was considered to be non-existent. Then studies found that changes in property values did affect spending, but by less than changes in share prices did.
激动效应如此普遍，它会导致许多错误的决定(购买毫无价值的药物、补充品、膳食计划、拒绝给儿童接种疫苗，等等)。
The vividness effect is widespread and often leads to bad decisions (purchasing worthless drugs, supplements, dietary programs, not vaccinating children, etc.).
沟通平台也有一些网络效应：每一个新的用户都让网络对其他用户更有价值。
Communication platforms also exhibit network effects: Every new user makes the network more valuable for other users.
而遵从他人的指挥，慢慢显示你的价值，这不仅需要能力，更需要你能坚信你所做的都是有长远价值的事，而不是过多注重短期效应。
Deferring to others and revealing your worth slowly takes not just strength but belief that what you have to offer is useful in the long run. More on that soon.
他人效应模式是建立在对伴侣接受度的期许上的，而自我效应模式依赖于个人维持个人的自主和自我价值上。
The other-validated model is based on the anticipation of one's partner's acceptance, while the self-validating model relies on one maintaining one's own autonomy and self-worth.
摩根·斯坦利的BalajiJayaraman补充说，购买捷豹和陆虎明显是：“破坏品牌价值，缺乏整合效应并且会带来高额运营成本。”
Balaji Jayaraman of Morgan Stanley added that buying JLR was clearly "value-destructive given the lack of synergies and the high-cost operations involved."
一开始，微软公司就明白“网络效应”的重要性。网络效应是指：软件是一种产品，当越来越多的购买与使用软件时，其价值上升。
Early on, Microsoft understood the importance of the "network effect." that is, software is the kind of product that increases in value as more people buy and use it.
本文认为，企业并购价值识别的内容应当包括“资产型”、“协同效应型”和“实物期权型”价值源以及它们的性质状态。
We have found that the content of the discernment should contain assets type, synergy effect type, real options type source of value and their properties and status.
怀疑论者对于大并购价值的怀疑经常是对的：所承诺的协同增效效应从来没有实现，管理者陷入类似于整合it系统一样的乏味整合。
Sceptics about the value of big mergers often turn out to be right: promised synergies never materialise and managers get sucked into the tedium of integrating IT systems and the like.
科学技术具有多重价值，包括物质价值和精神价值、目的价值和工具价值，同时也有负面效应。
Science and technology have multiple values containing material value and spiritual value, objective value and instrument value, meanwhile they produce negative effects.
它具有很好的品牌效应，经济，中国已成为美国的精神价值。
It has very good brand effect, economy, China has become the spiritual values.
它具有很好的品牌效应，经济，中国已成为美国的精神价值。
It has very good brand effect, economy, China has become the spiritual values.
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