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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