{"product_id":"performance-of-property-unit-trusts-and-property-loan-stocks-von-charles-nsibande","title":"Performance of Property Unit Trusts and Property Loan Stocks","description":"\u003cp\u003eThe book compares the performance of Property  Investment Trusts and Property Loan Stock companies  which have similar investment instruments but have  different restrictions on borrowing. This book is  highly relevant in understanding the properties of  risk versus return when you considering different  debt structures of Property Investments Trusts. The  book also applied Value at Risks concepts in the  analysis of the data.  The study population in the book was based on the  Property Unit Trusts and Property Loan Stock  companies listed on the JSE Securities Exchange over  the period 1990 to 2004. The returns were measured  and both nominal and risk-adjusted returns (using  Sharpe measure) were subjected to the NCSS  statistical program analysis to determine whether  there were significant differences in the returns.  The Value at Risk analysis clearly indicates that  Property Unit Trusts, with low gearing, have better  risk-sharing characteristics than Property Loan  Stock companies with no restrictions on gearing.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838391199\"\u003e\u003ch3\u003eProperty Investment Trusts - comparison of performance\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838391199","offer_id":39469284393053,"sku":"9783838391199","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/eb4c9147-8b07-4c0a-ac6f-32d2d49f207c.jpg?v=1737266590","url":"https:\/\/shop.autorenwelt.de\/en\/products\/performance-of-property-unit-trusts-and-property-loan-stocks-von-charles-nsibande","provider":"Autorenwelt Shop","version":"1.0","type":"link"}