RT Journal Article
SR Electronic
T1 Equity REITs and the January Effect
JF The Journal of Alternative Investments
FD Institutional Investor Journals
SP 62
OP 69
DO 10.3905/jai.2000.318979
VO 2
IS 4
A1 Nancy O. Cromwell
A1 H. Swint Friday
A1 James A. Yoder
YR 2000
UL https://pm-research.com/content/2/4/62.abstract
AB Traditionally, the potential benefits of a particular investment strategy are explored using relatively simple risk and return ratios. In fact, a more complete look at the relative performance of the entire return distribution may be offered through the use of stochastic dominance. In this “academic presentation” the authors use stochastic dominance to provide further evidence of the benefits of equity REITs and the existence of a “January effect.”