RESEARCH: PVM, SGP, and z-scores, pt. 2—Investigating replacement level

Last month, this column took an initial look at the similarities and differences between three approaches to valuation: the Percentage Value Method (PVM), the Standings Gain Points (SGP) method, and the z-score method. Please refer back to that column for background information relevant to these three valuation systems.

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  For more information about the terms used in this article, see our Glossary Primer.