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Real Estate : NAREIT / NCREIF & Equity Market Return
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Author:  lixiaoyang23 [ 14 Mar 2013 ]
Post subject:  Real Estate : NAREIT / NCREIF & Equity Market Return

CFAI text, Vol 5, P.18~19 (Reading 36)
In 3.2.2 Historical Performance
1st paragraph on P.18 : ….the “hedged” REIT return series has been purged of its overall EQUITY MARKET RETURN COMPONENTS, as represented by the S&P Index…..
In 2nd paragraph on P.19 : ….. This suggests the presence of a residual EQUITY COMPONENTS in the hedged NARAIT Index that could be related to small-cap stocks, be simply unique to REITs, or be both…..
Can anyone advise why these Indices have EQUITY COMPONENTS which are related to stocks market in them ?

Author:  jing.fang.ac [ 14 Mar 2013 ]
Post subject:  Real Estate : NAREIT / NCREIF & Equity Market Return

I covered that section yesterday and interpreted the “equity component” of REITs as the price-influencing characteristics of the REIT that result from it being traded publicly (e.g. liquidity, demand, volatility, etc…)

Author:  tony.leung [ 14 Mar 2013 ]
Post subject:  Real Estate : NAREIT / NCREIF & Equity Market Return

NAREIT - it is related to indexes of REIT companies on the NYSE or American Stock Exchange - so it is an equity Stock Index. When Index goes up - the Stock is going up. So this is the equity component in the index - and as a result it is highly correlated with the Stock Market.
(This is the bias in using the NAREIT).

Author:  jennifershao [ 14 Mar 2013 ]
Post subject:  Real Estate : NAREIT / NCREIF & Equity Market Return

CarpeCFALII Wrote:
——————————————————-
I covered that section yesterday and interpreted
the “equity component” of REITs as the
price-influencing characteristics of the REIT that
result from it being traded publicly (e.g.
liquidity, demand, volatility, etc…)
Yeap, that’s how I interpret the hedged index as well…seems to be making sense…although who knows…

Author:  AdvikaSharma22 [ 12 Feb 2018 ]
Post subject:  Re: Real Estate : NAREIT / NCREIF & Equity Market Return

In the equity market, share market tips can be helpful. Commodity tips, HNI tips etc are provided by market research firms to traders.

Author:  avani [ 19 Feb 2018 ]
Post subject:  Re: Real Estate : NAREIT / NCREIF & Equity Market Return

Equity markets are the meeting point for buyers and sellers of stocks.This is the best market for traders in which all investors can earn a huge profit with the help of best stock tips providers.

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