估值

It is rational to have rued companies upwards by 50 per cent from those frozen post-Lehman days as the world recognised that they were not going out of business, and it is rational to expect further uprating of equity valuations.

当世人认识到这些公司不会倒闭，重新估值的公司股价从雷曼破产后的冰点水平上涨50%是理性的。预计股票估值水平继续上升也是理性的。

In practice,the traditional approaches of valuation are applied widely.Especially,the Discounted Cash Flow Model is a valuating approach in common use at present.

在并购实践中，传统的估值方法还在被大量使用，特别是折现现金流量方法，仍然是目前最常用的估值方法之一。

From the valuation point of view, the current fourth quarter of the Shanghai market in recent rolling 12.81 times earnings, 1.96 times市净率, the Shenzhen market, nearly four-quarter rolling for 10.86 times earnings, 1.97 times for市净率; and with the end of last year, the Shanghai market and Shenzhen markets static earnings ratio 59.24 times, 60.48 times have been significantly reduced, valuation has been very clear advantages.

从估值角度来看，目前的第四季度，上海市场最近推出12.81倍的市盈率，市净率1.96倍，深圳市场，近四个季度的10.86倍的市盈率，滚动市净率1.97倍；及与去年年底，上海市场和深圳市场的静态收益率59.24倍，60.48倍已大大降低，估值已经非常明显的优势。

It is rational to have revalued companies upwards by 50 per cent from those frozen post-Lehman days as the world recognised that they were not going out of business, and it is rational to expect further uprating of equity valuations.

当世人认识到这些公司不会倒闭，重新估值的公司股价从雷曼破产后的冰点水平上涨50%是理性的。预计股票估值水平继续上升也是理性的。

In the long run, stock valuation methods to suspend the norms of the net valuation of the fund made more fair, which brought about the "profit" will be far greater than the net value of short-term fluctuations caused by "harm."

长远来看，停牌股票估值方式的规范使得基金净值的估值更为公允，其带来的&利&将远远大于短期净值波动带来的&弊&。

Net valuation, the highest accuracy: the highest rate of domestic accurate real-time valuation of the fund trading system, the net value of the fund known in advance, of course, the decision-making one-upmanship.

净值估值、准确最高：国内准确率最高的基金盘中实时估值系统，提前知晓基金净值，决策当然胜人一筹。

By the modem time series analysis method, based on the ARMA innovation model, under the linear minimum variance optimal information fusion criterion, three distributed fusion steady-state optimal Kalman filters, predictors and smoothers weighted by matrices, scalars, and diagonal matrices are presented for multisensor systems with correlated input and observation noises, and with correlated observation noises. The Lyapunov equations and formulas of computing local filtering, predicting and smoothing error variances and covariances are given, which are applied to compute optimal weights. The corresponding three distributed fusion Wiener state estimators are also presented.

应用现代时间序列分析方法，基于自回归滑动平均新息模型，在线性最小方差最优信息融合准则下，对于带相关输入噪声和观测噪声和带相关的观测噪声的多传感器系统，提出了按矩阵加权、按标量加权和按对角阵加权的三种分布式融合稳态Kalman滤波器、预报器和平滑器，其中提出了局部滤波、预报和平滑估值误差方差阵和协方差阵的Lyapunov方程和计算公式，它们被用于计算最优加权，也提出了相应的三种分布式融合Wiener状念估值器。

Economists forecast home resales would rise to a 4.95million pace, according to the median of 72 projections in aBloomberg News survey.

根据彭博调查，72名经济师的预估中值是，5月成屋销售增加至495万户，预估值从475万户到515万户都有。

Economists forecast home resales would rise to a 4.95 million pace, according to the median of 72 projections in a Bloomberg News survey.

根据彭博调查，72名经济师的预估中值是，5月成屋销售增加至495万户，预估值从475万户到515万户都有。

The standard deviation of factor, regerssion equation and correlation coefficient between estimated and actual leaf area all demonstrated the adequency of the model The leaf length and width were used to calculate total leaf area per plant for Phalaenopsis white hybrid grown in phytotron at various day/night temperature After 9-month experiment, plants grown at 30/25℃ increased 1.4 and 3.8 times total leaf area compared with plants grown at 25/20℃ and 20/15℃, respectively.

由於检定有共同斜率之存在，故不计大小可求得共同估值的0.825，并由常数之变异范围、叶面积估值与实际叶面积之廻归方程式及相关系数确知其适用性，以叶面积估算决比较不同温度对白花蝴蝶兰生长之影响，则不论叶幅、叶面积增加量、长叶率均以日／夜温30／25℃增加量最大，其叶面积增加量为25/20℃之1.4倍，20/15℃之3.8倍。

And Pharaoh spoke to Joseph, saying, Your father and your brothers have come to you.

47：5 法老对约瑟说，你父亲和你弟兄们到你这里来了。

Additionally, the approximate flattening of surface strip using lines linking midpoints on perpendicular lines between geodesic curves and the unconditional extreme value method are discussed.

提出了用测地线方程、曲面上两点间短程线来计算膜结构曲面测地线的方法，同时，采用测地线间垂线的中点连线和用无约束极值法进行空间条状曲面近似展开的分析。