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Detroit



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S&P/Case-Shiller® Detroit Home Price Index

<IMG SRC="images/teaser-fpo.jpg" WIDTH=450 HEIGHT=1000 usemap="#home" BORDER=0> Detroit Housing vs. Asset Classes, Monthly

1 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 -15.08% 1.17% -4.37
Bonds -0.85 12.27% 1.23% 3.18
Commodities -0.92 41.41% 3.42% 0.09
REITs 0.89 -27.37% 4.86% -0.01
Stocks 0.69 -3.19% 3.60% 1.63
         
3 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 -18.60% 0.98% -0.59
Bonds -0.60 18.01% 1.13% 1.22
Commodities 0.32 34.83% 5.39% 0.39
REITs 0.53 11.88% 4.51% 0.76
Stocks -0.28 16.71% 2.52% 1.77
         
5 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 -13.29% 0.89% -0.14
Bonds -0.21 26.79% 1.41% 1.12
Commodities 0.50 90.25% 5.34% 0.83
REITs 0.43 68.70% 4.65% 0.91
Stocks -0.07 53.91% 2.71% 0.82
         
10 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 17.87% 0.78% 0.42
Bonds 0.00 81.53% 1.38% 1.20
Commodities 0.24 151.29% 5.17% 0.55
REITs -0.13 31.19% 4.29% 0.46
Stocks -0.09 43.12% 3.65% 0.28

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*Sharpe Ratio is calculated by taking the excess returns (average, rolling 12-month return) above/below the risk-free rate (average 3-month US Treasury Bill yield), and dividing by volatility (standard deviation of average, rolling 12-month return).


Detroit
Lapeer, MI
Livingston, MI
Macomb, MI
Oakland, MI
Saint Clair, MI
Wayne, MI

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