Other 30-something-unit, inner-city Portland apartment complexes have sold consistently for approximately $3 million, according to research by Winkler and Dupont. UDP purchased its Southeast Division property in May 2011 for $645,000, according to Portlandmaps.
What is 'Return On Average Assets - ROAA'. Return on average assets (ROAA) is an indicator used to assess the profitability of a firm's assets, and it is most often used by banks and other financial institutions as a means to gauge financial performance. ROAA is calculated by taking net income and dividing it by average total assets.
Fi = the forecast values of the parameter in question. Oi = the corresponding verifying value (observed or analysed) N = the number of verifying points (grid points or observations) in the verification area. RMSE is a measure of the average error, weighted according to the square of the error. It answers the question, what is the average magnitude of the forecast errors?, but does not indicate the direction of the errors.