Table 1 Summary statistics, daily stock price and returns of Total Nigeria Plc
Statistics | Actual Daily Stock Price | Log of Daily Stock Price | Log of returns of Daily Stock price |
|---|---|---|---|
Min | 1 | 0 | −2.3194 |
Max | 991 | 6.8987 | 2.3557 |
Median | 456.5 | 6.1236 | 0 |
Mean | 460.261 | 5.8258 | 0.0004 |
Estimated sd | 280.7877 | 0.9404 | 0.0771 |
Estimated skewness | 0.1352 | −1.3744 | 0.8950 |
Estimated kurtosis | 1.8106 | 5.3150 | 814.9014 |
Jarque-Bera Normality Test | X-squared: 248.9706 | X-squared: 2156.7212 | X-squared: 110001718.9071 |
p Value: <  2.2e-16 | p Value: <  2.2e-16 | p Value: <  2.2e-16 | |
Number of Observations | 4016 | 4016 | 4015 |