Whatever the excess return from equities, it is a reward for risk.
无论股票的超额收益有多少，都存在风险。
Second, there were over reactions and excess return during M&A.
其次，并购期间，市场存在过度反应并能获取超额受益；
The capitalized value of this excess return is economic Goodwill.
这一超出市场回报的价值被资本化就变成了经济商誉。
Such assets offered an excess return to compensate investors for their illiquidity.
那些资产能提供超额回报来作为流动性不足的补偿。
Some of this excess return will have been eaten up by higher costs; trading costs were substantial until the last 20 years.
这些高出的回报中的某些部分会被过高的费用抵消；在20几年前，交易费用是相当高的。
National research shows that excess return is common of initial shares. China as an emerging market, its excess return is amazing.
各国的研究表明，新股超额收益是普遍存在的，中国作为新兴市场，超额收益更是惊人。
The paper verified the relation between stock market illiquidity and stock excess return in time series by new liquidity measure (LDX).
在时间序列上，论文采用新流动性比率指标(LDX)衡量流动性，检验了股票市场非流动性与股票超额收益率之间的关系。
I mean, do you really — you might wonder, aren't people missing something if the excess return is so high of stocks over short-term bonds?
我是指，你们真的…你们也会怀疑，这里是不是少了点什么，如果股票收益率高出短期债券收益率那么多？
I didn't call it this before, but let me to find the sharp measure as expected excess return on a security or portfolio divided by its volatility.
我从前不这么称呼它，让我像我所预计的那样找出作为债券和证券波动的附带效果的“严格测定方法”。
There is no evidence that western capital actually earns a significant excess return in China and China massively subsidizes its domestic cost of capital.
目前尚无证据表明，西方资本真的在中国获得了大幅超额回报，而中国正在大规模补贴其国内资金成本。
Research abroad shows that the turnover of a firm's control right can bring about 20% abnormal excess return rate to the Stockholders of the target firm.
国外有研究表明，控制权转移能给目标公司股东带来20%左右的超额收益率。
The strategy is sensitive to the manager′s risk tolerance, the asset volatility rate and the liquidity coefficient, but it is insensitive to the security excess return rate.
最优策略对管理者的风险厌恶程度、资产波动率和流动性系数较为敏感，而对证券超额收益率敏感程度较低。
As supplies come closer to demand, customers can buy more, stores return less, and more revenue goes straight to the bottom line instead of paying for excess storage and handling.
随着供应与需求更加匹配，客户会购买更多，库存降低，收入超过目标，并且不必为处理多余的库存花费更多。
This pressure can ensure the blood from the bottom up to accelerate the return, cleaning vascular excess deposits, not be caused by vascular pressure caused the blood is not smooth.
这样的压力可以保证血液由下向上加速回流，清理血管内多余的堆积物，不会造成因血管挤压导致的血液不流畅。
and, in the Syr Darya grouping, Uzbekistan and Kazakhstan compensate Kyrgyzstan in return for supplies of excess power.
而在锡尔河流域，乌兹别克斯坦和哈萨克斯坦资助了吉尔吉斯斯坦，以换取其过剩的电力供给。
A.I.Krakauer quotes a memo from a lawyer at the firm Copilevitz & Canter, who examined C.A.I.’s tax return and warned that the I.R.S. could cite Mortenson for receiving excess benefit from a charity.
科莱考尔在文章中还引用了一位Copilevitz&Canter公司律师的备忘录，这位律师在检查过中亚协会的纳税申报单之后，曾警告说美国国税局可能会以利用慈善非法敛财的罪名传讯摩顿森。
In both cases, the excess risk increased with treatment duration and seemed to return to baseline 5 years after discontinuation.
在这两种情况下，当持续治疗时风险会增加而停止用药5年后会回到基线值。
And those that are rich in wholesome fats, like peanuts or avocado, can actually delay the return of hunger, though the calories can add up quickly if consumed to excess.
至于那些富含健康脂肪的食物，如花生或鳄梨，其实倒可以延缓人再次饥饿的速度——不过，如果摄入过量，热量也会迅速增加。
The sleeved barrels vent excess heat with each recoil, drawing coolant from a built-in tank with each barrel's return.
有套筒的炮管利用每次反冲排出多余的热量，它们在每次后退时从内置储箱中获得冷却剂。
And when your temperature finally begins to return to normal, you may sweat profusely, which is your body's way of dissipating the excess heat.
在你的体温最后开始达到正常的时候，你也许会大量地出汗，这是你的身体释放高温产生热量的方式。
Single-variable test shows that excess earning of stock price has a high positive correlation with return ratio on net assets, but a weak correlation with audit opinion type.
单变量检验结果表明，净资产收益率与股价超额收益具有显著的正价值相关性，审计意见类型则弱之；
A metering pump regulates the amount of lead to the pour lead with no excess lead return to the pot.
计量泵控制着输给浇注头的铅量，没有过量的铅返回铅锅。
The normal single journey fare is deducted when passengers enter the system. Any excess fare paid is refunded at the return trip exit gate.
乘客于市区入闸时会被扣正常单程车费，多收的车费会于回程出闸时退回。
In the long term, when choosing positive feedback strategy, we can obtain about 5% returns in excess of market average return.
而在长期采用动量策略，其年化超额收益率虽然较低，但也显著为正，并维持在5%左右。
Obviously, the IRR is between 6% and 7%. Because the IRR is far in excess of the required rate of return, an accurate calculation is unnecessary.
显然，内含报酬率在6%与7%之间，已大大超出了要求的收益率，因此不必进行准确的计算。
Efficacy: Remove dirt and excess oil thoroughly, balance skin pH value, anti-acne and prevent its return, brings skin fresh, healthy and younger.
功效：彻底清洁皮肤污垢及过量油脂，平衡肌肤酸碱度，消除粉刺并有效预防其复发，令清洁后的皮肤清爽、健康、倍添男性的魅力。
This arrangement simplifies removal of the excess plastic and reduces the time required to return the equipment to normal production.
这种设计简化了移走多余塑料的麻烦，同时减少设备重返正常生产所需的时间。
The return for the use of a factor of production in excess of the minimum required to provide the service of the factor.
指一项生产要素所得报酬超过该要素维持现有用途所需的最低报酬的那部分收益。
If the students take other line come to China or return back to their home country, they should afford the extra expenses. Expenses for the excess of baggage should be self-afforded.
学生如需绕道来华或回国，需多支付的机票款由学生本人自理，行李超重费亦由学生本人自理。
In the security market, return-loss distribution exist the severe phenomenon of excess kurtosis and heavy tail;
证券市场上收益率分布存在严重的偏峰厚尾现象；
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