Comparison between REITS (ALL) and S&P 500 as of June 2016


The following table shows that the REITS provide higher return than U.S. stocks, but they are more volatile or risky than U.S. stocks.

Simple Statistics

Variable

N

Mean

Std Dev

Sum

Minimum

Maximum

pctchngyr_REITS_ALL

522

11.78143

20.20426

6150

-56.03641

98.88065

pctchngyr_SP_500

546

8.62300

16.44436

4708

-44.75624

52.94225

Two variables (REITS and S&P 500) are positively correlated to each other.

Pearson Correlation Coefficients
Prob > |r| under H0: Rho=0
Number of Observations

pctchngyr_SP_500

pctchngyr_REITS_ALL

0.58805
<.0001
522




Historical ALL REITS Index from 1971 to 6-2016

The following table displays the average monthly return is 0.91% from 1971 to 6-2016.

Analysis Variable : pctchng_REITS_ALL

Mean

Std Dev

Minimum

Maximum

0.9141891

5.0914625

-30.2258429

30.8128221



NOTE: The return of 2016 is as of June 2016.

The following table displays the basic statistics for monthly returns of REITS.

Analysis Variable : pctchngyr_REITS_ALL

decade

N Obs

Mean

Std Dev

Minimum

Maximum

Median

N

1970

97

7.2001560

24.1119218

-48.1135256

48.9737344

13.2007667

85

1980

120

14.5509470

15.8645113

-15.9175046

63.9335678

10.6259442

120

1990

120

9.5399165

16.7748624

-24.7422991

39.5637053

12.1852217

120

2000

120

9.7721850

23.4134298

-56.0364087

54.5730588

15.5352611

120

2010

77

19.1471136

18.9187956

-6.4998893

98.8806545

13.7097505

77





 

pctchng_REITS_ALL

pctchng_REITS_ALL

Average

Variance

month

.

.

.
1

2.60

43.40

2

0.14

16.99

3

1.90

18.32

4

1.33

38.47

5

0.42

10.34

6

0.67

17.53

7

1.56

14.01

8

-0.08

28.89

9

0.47

17.73

10

-0.18

52.37

11

0.21

31.24

12

1.88

19.04

Total

0.91

25.92

Source: http://www.reit.com