Skip to Main Content
The Efficiency of China's Stock Market
book

The Efficiency of China's Stock Market

by Shiguang Ma
November 2017
Intermediate to advanced content levelIntermediate to advanced
302 pages
16h 35m
English
Routledge
Content preview from The Efficiency of China's Stock Market
146
The Efficiency of China’s Stock Market
Notes: 1. t-statisties test the null hypothesis that the mean return is equal to zero.
2. F-statistics test the null hypothesis that the mean returns are equal across all months o f year.
Table 6.7 Average daily returns by month in the sector indexes
F-stat.
0.9477
1.0622
0.5572
1.1062
1.1119
0.6850
0.3925
0.6404
0.9233
1.3645
0.9700
Dec.
-0.0045
-0.0040
-0.0033
-0.0037
-0.0033
-0.0044
-0.0045
-0.0069
-0.0062
-0.0061
-0.0037
Nov.
0.0002
0.0021
0.0033
0.0022
0.0027
-0.0003
0.0011
- 0.0002
-0.0018
0.0012
-0.0004
Oct.
-0.0006
- 0.0020
-0.0013
-0.0016
-0.0013
0.0033
0.0036
0.0032
0.0038
**0.0103
-0.0009
Sep.
- 0.0002
-0.0008
0.0003
-0.0004
-0.
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Understanding China’s Economic Indicators: Translating the Data into Investment Opportunities

Understanding China’s Economic Indicators: Translating the Data into Investment Opportunities

Thomas Orlik

Publisher Resources

ISBN: 9781351146913