Table 2 Correlation coefficients among variables
Trades | Turnover | Leader | Leader | Leader | Leader | Return | Return | No. | |
|---|---|---|---|---|---|---|---|---|---|
comment | count | positive | negative | SD | securities | ||||
Trades | 1 | ||||||||
Turnover | 0.68 | 1 | |||||||
\(Leader\ comment\) | 0.11 | 0.03 | 1 | ||||||
\(Leader\ count\) | 0.04 | − 0.03 | – | 1 | |||||
\(Leader\ positive\) | − 0.02 | − 0.03 | – | 0.11 | 1 | ||||
\(Leader\ negative\) | − 0.01 | − 0.02 | – | 0.17 | 0.26 | 1 | |||
Return | − 0.05 | − 0.09 | 0.01 | 0.01 | 0.01 | -0.02 | 1 | ||
\(Return\ SD\) | 0.08 | 0.09 | 0.02 | 0.01 | 0.00 | 0.00 | − 0.02 | 1 | |
No.securities | 0.29 | 0.11 | 0.14 | 0.13 | 0.02 | 0.02 | 0.01 | 0.07 | 1 |
No.followers | 0.03 | 0.00 | 0.09 | 0.03 | 0.01 | 0.03 | 0.02 | 0.02 | 0.14 |
\(Portfolio\ age\) | − 0.10 | − 0.09 | 0.03 | − 0.02 | 0.07 | 0.12 | 0.01 | 0.00 | − 0.01 |
No.leaders | 0.04 | − 0.02 | 0.41 | 0.03 | 0.08 | 0.12 | 0.01 | 0.01 | 0.11 |
\(Leader\ Return\) | − 0.01 | 0.00 | 0.03 | 0.01 | 0.02 | − 0.02 | 0.36 | − 0.02 | 0.01 |
\(Leader\ SD\) | 0.05 | 0.06 | 0.04 | − 0.01 | 0.00 | 0.02 | − 0.06 | 0.05 | 0.00 |
\(Leader\ trades\) | 0.13 | 0.11 | 0.18 | 0.05 | − 0.03 | − 0.04 | − 0.02 | 0.02 | 0.04 |
\(Leader\ securities\) | 0.11 | 0.09 | 0.22 | 0.11 | 0.02 | 0.01 | − 0.02 | 0.02 | 0.09 |
\(Leader\ followers\) | 0.06 | 0.03 | 0.39 | 0.40 | 0.12 | 0.15 | − 0.01 | 0.01 | 0.08 |
\(Leader\ age\) | 0.00 | 0.00 | 0.07 | 0.10 | 0.03 | 0.05 | − 0.02 | 0.01 | 0.03 |
No. | Portfolio | No. | Leader | Leader | Leader | Leader | Leader | Leader | |
followers | age | leaders | return | SD | trades | securitiers | followers | age | |
No.followers | 1 | ||||||||
\(\text{Portofolio age}\) | 0.18 | 1 | |||||||
No.leaders | 0.19 | 0.28 | 1 | ||||||
\(\text{Leader return}\) | 0.00 | − 0.01 | − 0.01 | 1 | |||||
\(Leader\ SD\) | − 0.01 | − 0.04 | 0.00 | − 0.04 | 1 | ||||
\(Leader\ trades\) | 0.00 | − 0.13 | − 0.04 | 0.04 | 0.14 | 1 | |||
\(Leader\ securities\) | − 0.01 | − 0.22 | − 0.06 | 0.04 | 0.19 | 0.56 | 1 | ||
\(Leader\ followers\) | − 0.02 | − 0.02 | 0.05 | 0.03 | 0.15 | 0.29 | 0.57 | 1 | |
\(Leader\ age\) | − 0.02 | − 0.01 | 0.02 | − 0.01 | 0.23 | 0.11 | 0.41 | 0.48 | 1 |