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I think Smoothed means less volatile because of a desync with real prices in the market . Appraisal data may be calculated using formulae or heuristics which may not correspond to actual transactions ( not sure which ones if there is not much trading going on , maybe comparable transactions in nearby towns or cities). So dispersion numbers may be low or return/risk may be overstated



Edited 1 time(s). Last edit at Saturday, April 9, 2011 at 08:09PM by janakisri.

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