English to German Bus/Financial Investment / Securities Factor Investing

The researchers showed that the quality factor worked across global equity and credit markets. However, they noted that not all quality definitions ***were created equal***. In terms of their findings, they observed that the quality measures documented in the academic literature – gross profitability, operating accruals and investments – were more robust measures than more commonly used metrics in the industry such as earnings variability, leverage, margins or return on equity growth.

Wie versteht ihr das?