Table 1 Summary statistics
Countries | Mean (%) | SD (%) | Skewness | Kurtosis | Jarque-Bera |
|---|---|---|---|---|---|
Stock Returns | |||||
China | 0.01 | 1.54 | −0.0258 | 7.5784 | 3417 |
Hong Kong | 0.02 | 1.53 | −0.0755 | 10.9303 | 1025 |
India | 0.04 | 1.56 | −0.1138 | 9.7135 | 7355 |
Japan | 0.004 | 1.47 | −0.6614 | 8.8684 | 5898 |
Pakistan | 0.08 | 1.39 | −0.3471 | 6.0991 | 1644 |
Sri Lanka | 0.05 | 1.12 | −0.3443 | 23.3727 | 6773 |
Exchange Rate Returns | |||||
China | −0.0077 | 1.04 | −2.3602 | 56.1120 | 4634 |
Hong Kong | 0.000026 | 1.28 | 2.3450 | 232.305 | 8574 |
India | 0.0094 | 3.04 | −0.4613 | 10.3073 | 8842 |
Japan | −0.0019 | 2.89 | −0.0524 | 5.6247 | 1124 |
Pakistan | 0.018 | 5.87 | −0.0789 | 14.0504 | 1990 |
Sri Lanka | 0.016 | 6.01 | 0.1262 | 28.4906 | 1059 |