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Table 3 Correlations among the variables

From: Investor sentiments and stock markets during the COVID-19 pandemic

  CAR LVOL COV-19 VAC CASES FX GOLD BOND
CAR 1.000        
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
  1. ***, **, and * indicate statistically significant correlations at the 1%, 5%, and 10% levels, respectively