Table 3 Correlations among the variables
From: Investor sentiments and stock markets during the COVID-19 pandemic
| Â | CAR | LVOL | COV-19 | VAC | CASES | FX | GOLD | BOND |
|---|---|---|---|---|---|---|---|---|
CAR | 1.000 | Â | Â | Â | Â | Â | Â | Â |
LVOL | − 0.118*** | 1.000 |  |  |  |  |  |  |
COV-19 | − 0.127*** | 0.454*** | 1.000 |  |  |  |  |  |
VAC | 0.074*** | − 0.195*** | − 0.220*** | 1.000 |  |  |  |  |
CASES | − 0.089*** | 0.388*** | 0.528*** | − 0.140*** | 1.000 |  |  |  |
FX | 0.086*** | 0.181*** | 0.199*** | − 0.022 | 0.196*** | 1.000 |  |  |
GOLD | − 0.189*** | 0.023 | 0.097*** | − 0.001 | 0.046 | 0.341*** | 1.000 |  |
BOND | − 0.094*** | 0.221*** | − 0.093*** | 0.035 | 0.096*** | 0.093*** | 0.061** | 1.000 |