卷入联邦集体诉讼案的可能性也会增大，而股票的表现也可能更糟。
The likelihood of being named in a federal class-action lawsuit also increases, and the stock is likely to perform worse.
在过去的几年里，较小公司的股票在总体上表现不如较大公司的股票。
Smaller companies' stocks generally have underperformed larger ones in the past several years.
科技股票已经表现得很糟糕了。
股票市场表现如何？
尽管担忧和顾虑存在，但股票市场也有一些表现不错的方面。
Despite these worries, there may still be some segments of the stock market that perform well.
和同业者相比，今年默克的股票表现欠佳（见图表）。
Merck’s shares have underperformed those of its rivals this year (see chart).
新兴市场股票的表现也是具有启发意义的。
The performance of emerging-market equities has also been instructive.
今年这个趋势终于开始转变；略多于一半的股票表现不如指数。
At last this year the trend has begun to change; a slight majority of shares have underperformed the index.
被评为最佳的大多数CEO，在其任职期间，所在公司的股票表现均好于大市，有许多是大幅领先于大市。
Not surprisingly, the stocks of most of our winners have beaten the market during the CEOs' tenures, many by a wide margin.
假使流动资金枯竭，艺术品也不太可能表现的比股票或者债券更好。
If liquidity dries up, art is unlikely to fare any better than stocks or bonds.
在去年英国基准指标富时100指数股票中，阿斯特捷利康是表现最好的股票之一。
Its shares were among the best-performing in Britain's benchmark FTSE 100 index last year.
因为当股票表现优异，人们对其交易就会活跃。
沃达丰的股票业绩表现不如对手，饱受困扰的日本业务虽经多次转型，但仍以失败告终。
Vodafone's shares were doing worse than those of its rivals, and repeated attempts to turn things round at its troubled Japanese unit had failed.
新指数将作为在美上市中国企业股票表现的基准指数，旨在提高透明度。
The new index will serve as a useful benchmark of the performance of US-listed Chinese companies and is designed to provide greater transparency.
最新的异常情形是关于趋势的——以往表现佳的股票前景也好。
The latest quirk to be examined is momentum, or the tendency for stocks that did well in the past to do well in the future.
股票价格表现 *成本降低
从巴菲特最喜欢的衡量股票表现的标准——“每股账面价值”来看，Berkshire在2008年下跌了9.6%。
By Buffett's preferred measure of performance — book value per share — Berkshire fell 9.6 percent in 2008.
根据参与创立了AQR的Cliff Asness的论文，表现势头好的股票不仅反映了高风险。
According to a paper by Cliff Asness, who co-founded AQR, the better performance of momentum stocks is not merely a reflection of higher risk.
但愿随着未来其中某些股票表现强劲，2011“届”的生物技术IPO新股所面临的定价困难将会被淡忘。
Hopefully the pricing struggles of Class of 2011 will be forgotten with some strong stock performance ahead.
商品的表现远远好于股票和债券(图9)。
人们说股票表现必须好于债券，但我指出了正好相反的情况：这一切都取决于开始价格。
'People say that stocks have to be better than bonds, but I've pointed out just the opposite: that all depends on the starting price.'
比起那些购买滞价证券的投资者，同样是在过去的一年中，那些购买表现卓异股票的投资者往往能够斩获更为丰厚的资金回报（10%的年收益率）。
Investors who buy the best-performing shares over the previous year earn much higher returns (ten percentage points a year) than those who buy the laggards of the preceding 12 months.
或者，他也可以股票的形式支付给银行；股票的确切数量取决于股票的表现。
Or he can pay the bank back in stock; the exact number of shares will depend on how the stock performs.
公开交易的电子零售公司将继续将工资与股市绩效挂钩，但继2008年华尔街崩溃之后的复苏阶段，极少公司股票表现良好，。
Publicly traded e-retailing companies continue to link pay with stock market performance—and few companies' shares fared well in the wake of the late 2008 collapse on Wall Street.
有时候市场确实会发生一些异常情况——比如，一月份有突出表现的股票或者是夏天的几个月里表现很差的股票——这些异常可能太小或不太可靠而不能利用。
Markets do throw up occasional anomalies-for instance, the outperformance of shares in January or their poor performance in the summer months-that may be too small or unreliable to exploit.
UBS指出，当资本货物公司超出盈利预期时，它们的市场表现并不像市场的其他股票那么好。
UBS notes that capital goods companies were not performing as well as the rest of the market when they beat earnings estimates.
尽管这不符合价值推动的逻辑，但在最后一波涨势中，这些股票很可能就是表现最佳的股票。
While it flies in the face of value-driven logic, these stocks could very well be the best performers in the last gasp of a rally.
抛售的解释：股票跌价如此剧烈的最可能的原因是投资者认为销售他们认为表现最好的股票同时持有不合理波动的股票可以挣大钱。
Selloff Explained: the reason for this is most likely that the big money is selling their best performers, while holding on to stocks that took an unreasonable beating.
抛售的解释：股票跌价如此剧烈的最可能的原因是投资者认为销售他们认为表现最好的股票同时持有不合理波动的股票可以挣大钱。
Selloff Explained: the reason for this is most likely that the big money is selling their best performers, while holding on to stocks that took an unreasonable beating.
应用推荐