t-Test: Two-Sample Assuming Unequal Variances

Variable 1 Variable 2
Mean 1.607021 0.462187
Variance 37.83331 18.61736
Observations 204 204
Hypothesized Mean Dif 0
df 364
t Stat 2.176322
P(T<=t) one-tail 0.015087
t Critical one-tail 1.649051
P(T<=t) two-tail 0.030174
t Critical two-tail 1.966503
t-Test: Two-Sample Assuming Unequal Variances

Variable 1 Variable 2
Mean 1.712523 1.215268
Variance 40.39124 16.95873
Observatio 96 96
Hypothesiz 0
df 163
t Stat 0.643352
P(T<=t) one 0.26045
t Critical o 1.654256
P(T<=t) two 0.5209
t Critical t 1.974625
 Self-storage REIT S&P 500
### (0.6124) (5.02)
### 0.4144 (1.89)
### (0.4996) 9.78
### 3.3182 (3.01)
### (1.3312) (2.05)
### 3.7154 2.47
Jul-00 7.5776 (1.56)
### (3.6467) 6.21
### 1.0707 (5.28)
### (5.4543) (0.42)
### (1.6051) (7.88)
### 12.0809 0.49
### 6.2896 3.55
### (2.2540) (9.12)
### 5.1396 (6.34)
### 3.5430 7.77
### 1.8216 0.67
### 8.8097 (2.43)
Jul-01 (1.4292) (0.98)
### 9.2582 (6.26)
### 1.7648 (8.08)
### (0.4679) 1.91
### 3.8442 7.67
### 0.9121 0.88
### 6.7298 (1.46)
### 0.1051 (1.93)
### 2.1984 3.76
### 2.2629 (6.06)
### (2.2837) (0.74)
### 2.2464 (7.12)
Jul-02 1.2922 (7.80)
### (12.8390) 0.66
### 0.2847 (10.87)
### (6.6863) 8.80
### 4.6850 5.89
### 4.2155 (5.87)
### (4.1434) (2.62)
### 4.7743 (1.50)
### (3.5801) 0.97
### 5.8473 8.24
### 5.8123 5.27
### 0.1210 1.28
Jul-03 6.4532 1.76
### 0.5846 1.95
### 6.9409 (1.06)
### 2.2215 5.66
 ### 8.9691 0.88
### (0.2653) 5.24
### 7.1105 1.84
### 0.3193 1.39
### 4.2480 (1.51)
### (14.8939) (1.57)
### 11.0533 1.37
### 0.7986 1.94
Jul-04 1.7514 (3.31)
### 7.8081 0.40
### (1.8745) 1.08
### 4.6973 1.53
### 3.0569 4.05
### 4.6486 3.40
### (5.7494) (2.44)
### 2.7548 2.10
### 4.1046 (1.77)
### 2.9621 (1.90)
### 3.7658 3.18
### 5.0842 0.14
Jul-05 5.4173 3.72
### 3.6183 (0.91)
### 0.5228 0.81
### (0.7366) (1.67)
### 5.7792 3.78
### (3.0320) 0.03
### 6.2362 2.65
### 6.3958 0.27
### 4.3715 1.24 Cha
### (6.1067) 1.34 25.0000
### (6.3823) (2.88) 20.0000
### 7.3393 0.14 15.0000
Jul-06 4.7589 0.62 10.0000
### 7.8881 2.38 5.0000
### 0.6935 2.58 0.0000
### 4.6556 3.26 Jan-00
(5.0000) Jan-02 Jan-04 Jan-06
### 5.4963 1.90 (10.0000)
### 0.7749 1.40
(15.0000)
### 10.6631 1.51
(20.0000)
### (6.0048) (1.96)
(25.0000)
### (5.5278) 1.12
Sel f-storag
### (1.6683) 4.43
### (3.8193) 3.49
### (12.5779) (1.66)
Jul-07 (9.4876) (3.10)
### 7.0146 1.50
### 3.5937 3.74
 ### 2.8294 1.59
### (6.0884) (4.18)
### (4.5077) (0.69)
### 6.0614 (6.00)
### 3.2212 (3.25)
### 9.8248 (0.43)
### 2.9880 4.87
### (2.2077) 1.30
### (7.3883) (8.43)
Jul-08 0.3945 (0.84)
### 7.0367 1.45
### 11.0192 (8.91)
### (19.9510) (16.79)
### (15.2119) (7.18)
### 15.6825 1.06
### (22.2436) (8.43)
### (12.2706) (10.65)
### (0.6479) 8.76
### 21.9283 9.57
### 0.1369 5.59
### 1.1923 0.20
Jul-09 10.1309 7.56
### (0.0099) 3.61
### 6.6088 3.73
### (2.8880) (1.86)
### 8.8290 6.00
### 4.3066 1.93
### (2.9101) (3.60)
### 2.2152 3.10
### 12.4992 6.03
### 7.1438 1.58
### (3.8607) (7.99)
### (4.8043) (5.23)
Jul-10 11.2385 7.01
### (0.0749) (4.51)
### 0.5323 8.92
### 2.3287 3.80
### (2.9167) 0.01
### 6.3789 6.68
### 7.3380 2.37
### 3.0115 3.43
### 0.4187 0.04
### 6.0272 2.96
### 0.5745 (1.13)
### (2.8335) (1.67)
Jul-11 3.9024 (2.03)
### 2.8671 (5.43)
 ### (10.2035) (7.03)
### 16.6448 10.93
### 2.1899 (0.22)
### 2.7379 1.02
### 4.4647 4.48
### (2.5846) 4.32
### 4.7601 3.29
### 4.2349 (0.63)
### (6.9698) (6.01)
### 8.2175 4.12
Jul-12 4.3153 1.39
### (0.7338) 2.25
### (2.8163) 2.58
### 0.4187 (1.85)
### 2.1394 0.58
### 3.8653 0.91
### 6.5556 5.18
### (2.8960) 1.36
### 2.9254 3.75
### 8.8044 1.93
### (7.4699) 2.34
### 1.6510 (1.34)
Jul-13 3.4018 5.09
### (3.3385) (2.90)
### 7.5453 3.14
### 3.2093 4.60
### (9.0876) 3.05
### (0.3977) 2.53
### 5.2216 (3.46)
### 7.3330 4.57
### 0.1619 0.84
### 5.0456 0.74
### (1.3030) 2.35
### 0.6977 2.07
Jul-14 (0.3926) (1.38)
### 1.9548 4.00
### (3.8341) (1.40)
### 12.1754 2.44
### 1.7129 2.69
### (0.1166) (0.25)
### 9.6115 (3.00)
### (2.0119) 5.75 M
### 1.6353 (1.58)
### (4.3991) 0.96
### 3.6752 1.29
25
### (4.1395) (1.94)
Jul-15 11.5417 2.10 20

15

10

5
 25

20
### (1.9413) (6.03)
15
### 6.1865 (2.47)
### 6.6617 8.44 10
### 4.5532 0.30 5
### 4.7005 (1.58)
(7.26) 0
### 2.6631
Ja n-00 Sep-00 May-01 Jan-02 Sep-02 May-03 Ja n-04 Sep-04 May-05 Jan-06 Sep-06
### (3.5513) 2.34 -5
### 11.9513 6.78
-10
### (10.6774) 0.39
### 4.9382 1.80 -15
### 0.5392 0.26
-20
Jul-16 (5.8772) 3.69
### (6.8593) 0.14 -25
### 0.1485 0.02
### (5.2568) (1.82)
### (2.4302) 3.70
### 8.3510 1.98
 Chart Title

n-00 Jan-02 Jan-04 Jan-06 Jan-08 Jan-10 Jan-12 Jan-14 Jan-16

Sel f-storage REIT S&P 500

Monthly Total Return
(%)
2000-2016
 2000-2016

4 Sep-04 May-05 Jan-06 Sep-06 May-07 Jan-08 Sep-08 May-09 Ja n-10 Sep-10 May-11 Jan-12 Sep-12 May-13 Jan-14 Sep-14 May-15 Jan-16 Sep-16

Sel f-storage REIT S&P 500

ay-15 Jan-16 Sep-16