margin of safety ratio

简明释义

安全边际率

英英释义

例句

1.Before making a purchase, the company assessed its margin of safety ratio to ensure financial stability.

在进行购买之前，公司评估了其安全边际比率以确保财务稳定。

2.A higher margin of safety ratio indicates a more conservative investment strategy.

较高的安全边际比率表示一种更保守的投资策略。

3.Calculating the margin of safety ratio helps investors make informed decisions about stock purchases.

计算安全边际比率帮助投资者对股票购买做出明智的决定。

4.The margin of safety ratio is crucial for businesses looking to withstand economic downturns.

对于希望抵御经济衰退的企业来说，安全边际比率至关重要。

5.The investor calculated the margin of safety ratio to determine how much risk he could take on without losing his initial investment.

投资者计算了安全边际比率以确定他可以承受多少风险而不失去初始投资。

作文

In the world of finance and investing, understanding key metrics is crucial for making informed decisions. One such metric that stands out is the margin of safety ratio. This ratio serves as a critical tool for investors, providing insights into the risk associated with an investment relative to its intrinsic value. The concept of a margin of safety ratio was popularized by renowned investor Benjamin Graham, who emphasized the importance of purchasing stocks at a price significantly below their intrinsic value to minimize potential losses. The margin of safety ratio can be calculated by taking the difference between the intrinsic value of a stock and its market price, then dividing that figure by the intrinsic value. This formula helps investors to quantify how much cushion they have before their investment starts to lose value. A higher margin of safety ratio indicates a more secure investment, as it suggests that there is a substantial buffer against market fluctuations. For example, if a stock's intrinsic value is assessed at $100, but it is currently trading at $70, the margin of safety ratio would be 30%. This means that the investor has a 30% cushion before the investment reaches its intrinsic value, allowing for some room in case of market volatility.Moreover, the margin of safety ratio is not only applicable to stocks but can also be utilized in various investment vehicles, including real estate and bonds. In real estate, for instance, an investor might determine the intrinsic value of a property based on its cash flow potential and compare it to the purchase price. If the property is purchased at a significant discount to its intrinsic value, the margin of safety ratio becomes a crucial factor in assessing the potential return on investment.Investors often face uncertainty in the market, and the margin of safety ratio provides a framework for navigating this unpredictability. It encourages a conservative approach to investing, where one prioritizes safety over speculation. By focusing on companies with solid fundamentals and a substantial margin of safety ratio, investors can mitigate risks and enhance their chances of long-term success.However, it is essential to note that the margin of safety ratio is not a guarantee against loss. Market conditions can change rapidly, and even investments with a high margin of safety can decline in value due to unforeseen circumstances. Therefore, while the margin of safety ratio is a valuable tool, it should be used in conjunction with other analyses and considerations when making investment decisions.In conclusion, the margin of safety ratio is a vital concept in the realm of investing, serving as a protective measure against potential losses. By understanding and applying this ratio, investors can make more informed choices, ensuring that they are not only seeking growth but also safeguarding their capital. As Benjamin Graham famously stated, "The essence of investment management is the management of risks, not the management of returns." The margin of safety ratio embodies this philosophy, reminding investors to prioritize safety in their investment strategies.

在金融和投资的世界中，理解关键指标对于做出明智的决策至关重要。其中一个突出的指标是安全边际比率。这个比率作为投资者的一个关键工具，提供了有关投资相对于其内在价值的风险的见解。安全边际比率的概念由著名投资者本杰明·格雷厄姆所推广，他强调以显著低于内在价值的价格购买股票的重要性，以最小化潜在损失。安全边际比率可以通过取股票的内在价值与市场价格之间的差额，然后将该数字除以内在价值来计算。这个公式帮助投资者量化他们在投资开始贬值之前拥有多少缓冲。较高的安全边际比率表明投资更安全，因为这意味着在市场波动的情况下，有相当大的缓冲。例如，如果一只股票的内在价值被评估为100美元，但目前的交易价格为70美元，那么安全边际比率将为30%。这意味着投资者在投资达到其内在价值之前有30%的缓冲，允许在市场波动的情况下有一些余地。此外，安全边际比率不仅适用于股票，还可以应用于各种投资工具，包括房地产和债券。在房地产中，例如，投资者可能会根据现金流潜力确定物业的内在价值，并将其与购买价格进行比较。如果物业以显著低于其内在价值的价格购买，则安全边际比率成为评估投资潜在回报的关键因素。投资者经常面临市场的不确定性，而安全边际比率提供了一个框架来应对这种不可预测性。它鼓励一种保守的投资方式，在这种方式中，人们优先考虑安全而非投机。通过关注具有坚实基本面的公司和相当的安全边际比率，投资者可以减轻风险并提高长期成功的机会。然而，值得注意的是，安全边际比率并不能保证避免损失。市场条件可能迅速变化，即使是具有高安全边际的投资也可能由于不可预见的情况而贬值。因此，虽然安全边际比率是一个有价值的工具，但在做出投资决策时，应与其他分析和考虑结合使用。总之，安全边际比率是投资领域中的一个重要概念，作为防止潜在损失的保护措施。通过理解和应用这一比率，投资者可以做出更明智的选择，确保他们不仅寻求增长，还保护他们的资本。正如本杰明·格雷厄姆所说：“投资管理的本质是风险管理，而不是收益管理。”安全边际比率体现了这一理念，提醒投资者在投资策略中优先考虑安全。