Table 2 Descriptive Statistics for Emerging Markets
From: Evaluation of forecasting methods from selected stock market returns
| Country | Mean | Standard Deviation | Skewness | Kurtosis | Jarque–Bera Statistic | Tsay Test |
|---|---|---|---|---|---|---|
| Brazil | 0.055547 | 1.769091 | 0.075096 | 7.347967 |
3439.261 (0.00000) | Nonlinear |
| China | 0.016499 | 1.585054 | −0.218775 | 7.684998 |
4025.909 (0.00000) | Nonlinear |
| Egypt | 0.079649 | 1.658833 | −0.121416 | 13.15053 |
18,891.65 (0.00000) | Nonlinear |
| India | 0.059777 | 1.414324 | 0.120611 | 12.83913 |
17,795.20 (0.00000) | Nonlinear |
| Indonesia | 0.070676 | 1.326156 | −0.501572 | 9.570707 |
8083.189 (0.00000) | Nonlinear |
| Mexico | 0.051820 | 1.213204 | 0.153714 | 9.356521 |
7644.352 (0.00000) | Nonlinear |
| Russia | 0.082735 | 1.965327 | 0.370012 | 24.33804 |
85,492.66 (0.00000) | Nonlinear |
| South Africa | 0.047609 | 1.298747 | 0.036830 | 6.299922 |
2044.612 (0.00000) | Nonlinear |
| Thailand | 0.047775 | 1.263998 | −0.520070 | 13.23751 |
19,417.31 (0.00000) | Nonlinear |
| Turkey | 0.069655 | 1.973356 | −0.037463 | 9.689365 |
8426.657 (0.00000) | Nonlinear |