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Table 6 Generalized Hurst exponents relevant to the aggregate and sectoral returns for q varying from − 5 to 5 for the COVID-19 outbreak

From: The aggregate and sectoral time-varying market efficiency during crisis periods in Turkey: a comparative analysis with COVID-19 outbreak and the global financial crisis

q

RBIST

RINDUSTRIAL

RINFORMATION TECH

RFINANCIAL

RSERVICES

RMETALS

RTOURISM

RREAL ESTATE

RCHEMPETPLAS

 − 5

0.8775

0.8927

0.8789

0.867

0.8453

0.7336

0.8553

0.8945

0.8283

 − 4

0.8613

0.8743

0.8658

0.8516

0.8271

0.7128

0.8456

0.8768

0.8143

 − 3

0.843

0.8541

0.8525

0.8335

0.8065

0.6878

0.8366

0.8554

0.7991

 − 2

0.8225

0.8334

0.84

0.8125

0.7843

0.6585

0.8297

0.8297

0.7834

 − 1

0.8001

0.8138

0.8386

0.7885

0.7618

0.6251

0.826

0.7986

0.7673

0

0.7752

0.7937

0.8163

0.7621

0.7388

0.5884

0.822

0.759

0.7489

1

0.747

0.7675

0.7991

0.7346

0.7119

0.5504

0.8079

0.7058

0.7034

2

0.7164

0.7329

0.775

0.7076

0.6795

0.5135

0.7793

0.6418

0.6897

3

0.6861

0.696

0.7471

0.6825

0.6455

0.4801

0.7447

0.5822

0.6531

4

0.659

0.6628

0.7202

0.6604

0.6145

0.4514

0.7129

0.5353

0.6195

5

0.6361

0.6351

0.6967

0.6415

0.5883

0.4274

0.6865

0.5002

0.5914