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S&P/Case-Shiller® Las Vegas Home Price Index

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

1 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 -19.29% 1.39% -1.46
Bonds -0.83 12.27% 1.23% 3.18
Commodities -0.94 41.41% 3.42% 0.09
REITs 0.94 -27.37% 4.86% -0.01
Stocks 0.71 -3.19% 3.60% 1.63
         
3 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 -10.27% 1.40% 0.38
Bonds -0.51 18.01% 1.13% 1.22
Commodities 0.29 34.83% 5.39% 0.39
REITs 0.46 11.88% 4.51% 0.76
Stocks -0.27 16.71% 2.52% 1.77
         
5 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 52.58% 2.03% 0.75
Bonds -0.34 26.79% 1.41% 1.12
Commodities 0.51 90.25% 5.34% 0.83
REITs 0.42 68.70% 4.65% 0.91
Stocks 0.14 53.91% 2.71% 0.82
         
10 YEAR
  Correlation Return Volatility Sharpe*
S&P/CSI 1.00 100.18% 1.45% 0.70
Bonds -0.26 81.53% 1.38% 1.20
Commodities 0.28 151.29% 5.17% 0.55
REITs 0.45 31.19% 4.29% 0.46
Stocks 0.12 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).


Las Vegas
Clark, NV

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