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The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to change over time.
Past performance does not guarantee future results.
*Factor returns are calculated by the relative performance of the top quintile cohort versus the bottom quintile cohort within the S&P 500.
Return on equity (ROE): Last 12 months (LTM) net income divided by LTM average shareholder’s equity. Return on assets (ROA): LTM net income divided by LTM average total assets. Interest coverage: LTM earnings before interest and taxes divided by LTM interest expense on debt plus interest capitalized. Price to free cash flow (P/FCF): Current share price divided by LTM free cash flow per share. High beta: The regression between the monthly stock return and the monthly market return over the last five years. Debt to equity: Total debt divided by total shareholder equity. Book yield: Book value per share divided by current share price. Negative earnings: Performance of stocks with negative earnings.
Left display as of April 17, 2024; right display as of February 29, 2024
Source: Piper Sandler and AllianceBernstein (AB)
The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio-management teams. Views are subject to change over time.