"gone wonky lately eh"
classic quote by W(n)!
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"gone wonky lately eh"
classic quote by W(n)!
"Solid dividend play "
Mr B has outlined his views on that matter in his posted. I think one might says a nuanced view of the managements teams decisions.
Winner could well be right, I couldn’t find the NZ 10 year bond on my charts so used the Aus as a proxy and Lo and behold the SP of both KPG and ARG are quite closely correlated since 2013 … until covid, then it went wonky. But it does look like it’s trying to realign. Maybe
the ten year we whatch is the US ten year.
from our maths guy no alignment between down under commercial and US 10 year that he can find,
thinks is just the panic reaction of investors going to cash in these stocks.
i will bring the NZ 10 year up next zoom later in the week. Will try to find some good data on the NZ treasury. Perhaps commercial property stock are just hit as collateral damage. We first held KIP in private trusts before the GFC.
NZ performance looks like it can sustain a high debt to GDP which should give investors world wide more confidence in the country for private and public investment.
These stocks should be like the housing market boiling hot.
Americas cup photo op should have them lining up to invest and the government needs to get a move on bringing in the overseas money.
Labour has been slow to understand you cant close the country to progress.
Baabaa - I used that Smartshares thing NPF for commercial property stock performance
Strong correlation with 10 yr govt stock until covid hit -- then interest rates didn't matter as commercial property was going to collapse. As pointed out share prices getting back to levels in line where the correlation says it should be.
https://tradingeconomics.com/new-zea...ent-bond-yield
over a 10 year period i cant see the relationship being anything but im not our maths man...
Must mean something
Smart shares NPF (Comm Property ETF) v 10 Year Govt stock relationship
thats only back to 2016..
was looking at 10 years... over 4 stocks.
would have looked at 20 years but global shocks get in the way.
standard deviations looks good there but the wider picture showed me nothing...
the maths people might see something the opposite as in that jpg.
what software did you use to plot the data.