Phoenix
Graph a housing market:
S&P/Case-Shiller® Phoenix Home Price Index
Phoenix Housing vs. Asset Classes, Monthly
1 YEAR
Correlation
Return
Volatility
Sharpe*
S&P/CSI
1.00
-23.01%
1.40%
-1.94
Bonds
-0.91
10.91%
0.99%
3.20
Commodities
-0.96
49.15%
3.63%
0.46
REITs
0.89
-23.60%
5.16%
-0.45
Stocks
0.94
-6.40%
3.60%
0.86
3 YEAR
Correlation
Return
Volatility
Sharpe*
S&P/CSI
1.00
0.61%
2.34%
0.54
Bonds
-0.65
18.90%
0.98%
1.18
Commodities
0.20
34.53%
5.25%
0.42
REITs
0.53
11.32%
4.57%
0.56
Stocks
0.01
10.21%
2.59%
1.34
5 YEAR
Correlation
Return
Volatility
Sharpe*
S&P/CSI
1.00
40.61%
2.01%
0.65
Bonds
-0.54
31.57%
1.19%
1.43
Commodities
0.16
105.47%
5.27%
0.83
REITs
0.40
63.19%
4.71%
0.80
Stocks
-0.02
55.55%
2.60%
1.03
10 YEAR
Correlation
Return
Volatility
Sharpe*
S&P/CSI
1.00
90.78%
1.43%
0.66
Bonds
-0.40
83.80%
1.16%
1.33
Commodities
0.11
205.46%
5.19%
0.62
REITs
0.36
30.91%
4.31%
0.45
Stocks
0.13
22.30%
3.60%
0.25
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Prior Editions
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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).
Phoenix
Maricopa, AZ
Pinal, AZ
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