S&P 500 Real Estate

“Buy” - “Sell” 4-year average, %/year (annualized from 3-month gains):+36.4%

These are annualized average 3-month performance results for annual and quarterly financial statements dates falling into a particular calendar year. The performance for the last in the calendar year statement is actually measured in the following year, but is “drawn back” for inclusion into the calendar year under consideration.

The valuation model performance presented on the chart consists of two lines. The green line shows the actual average performance in different years of all stocks in the stock index that were rated by our valuation model (called “Intrinsic value” in the stock table below) as “buy” and “strong buy”. The red line - those rated as “sell” and “strong sell”.

Such performance would be reflective of the performance of two portfolios: one including only “buy” stocks in the index, and another consisting only of sell stocks, with investment decisions taken upon publishing of financial statements for each individual stock in the index.

Though these performances are actual, they are the product of backtesting. That means that if we tweak our stock valuation model, the past performance also changes. The benefit of this is that you always see actual part performance of the current version of the stock valuation model.

TickerCompany NameStock
price, $
Up/down potential, %
Intrinsic
value
Graham
-Dodd
Graham
formula
AIVApartment Investment and 5.03107632-2346
AMTAmerican Tower Corporatio224.78-96-96-56
AREAlexandria Real Estate Eq163.91-56-28-51
AVBAvalonbay Communities0.00n/an/an/a
BXPBoston Properties, Inc.104.69premium content
CBRECBRE Group, Inc.77.18premium content
CCICrown Castle Internationa161.20premium content
DLRDigital Realty Trust, Inc135.15premium content
DREDuke Realty Corporation40.35premium content
EQIXEquinix, Inc.639.00premium content
EQREquity Residential69.35premium content
ESSEssex Property Trust, Inc270.13premium content
EXRExtra Space Storage Inc0.00n/an/an/a
FRTFederal Realty Investment0.00n/an/an/a
HSTHost Marriott Financial T0.00n/an/an/a
IRMIron Mountain Incorporate34.65premium content
TickerCompany NameStock
price, $
Up/down potential, %
Intrinsic
value
Graham
-Dodd
Graham
formula
KIMKimco Realty Corp0.00n/an/an/a
MAAMid-America Apartment Com140.51-67-36-19
ORealty Income Corp0.00n/an/an/a
PEAKHealthpeak Properties, In31.30premium content
PLDPrologis, Inc.103.24premium content
PSAPublic Storage242.61premium content
REGRegency Centers Corporati56.30premium content
SBACSBA Communications Corpor250.51premium content
SLGSL Green Realty Corporati71.26premium content
SPGSimon Property Group, Inc119.00premium content
UDRUnited Dominion Realty Tr43.43premium content
VNOVornado Realty Trust44.60premium content
VTRVentas, Inc.55.92premium content
WELLWelltower Inc.73.60premium content
WYWeyerhaeuser Company35.90premium content