Table 3 Proportion of positive and negative correlation coefficients for market segments
Year | Market | Positive correlations | Negative correlations |
|---|---|---|---|
2017 | Overall | 1658 (68.65%) | 757 (31.35%) |
Developed market | 273 (91.00%) | 27 (9.00%) | |
Emerging market | 272 (71.96%) | 106 (28.04%) | |
Frontier market | 67 (49.26%) | 69 (50.74%) | |
2018 | Overall | 1775 (73.50%) | 640 (26.50%) |
Developed market | 283 (94.33%) | 17 (5.67%) | |
Emerging market | 290 (76.72%) | 88 (23.28%) | |
Frontier market | 78 (57.35%) | 58 (42.65%) | |
2019 | Overall | 1710 (70.81%) | 705 (29.19%) |
Developed market | 273 (91.00%) | 27 (9.00%) | |
Emerging market | 297 (78.57%) | 81 (21.43%) | |
Frontier market | 70 (51.47%) | 66 (48.53%) | |
2020 | Overall | 1937 (80.21%) | 478 (19.79%) |
Developed market | 295 (98.33%) | 5 (1.67%) | |
Emerging market | 314 (83.07%) | 64 (16.93%) | |
Frontier market | 91 (66.91%) | 45 (33.09%) | |
2021 | Overall | 1695 (70.19%) | 720 (29.81%) |
Developed market | 263 (87.67%) | 37 (12.33%) | |
Emerging market | 300 (79.37%) | 78 (20.63%) | |
Frontier market | 80 (58.82%) | 56 (41.18%) | |
2022 | Overall | 1791 (74.16%) | 624 (25.84%) |
Developed market | 269 (89.67%) | 31 (10.33%) | |
Emerging market | 301 (79.63%) | 77 (20.37%) | |
Frontier market | 81 (59.56%) | 55 (40.44%) |