Table 4 Descriptive statistics of banking sector stock returns per region
Country | Performance in prior to COVID-19 (January 2019 to January 2020) | ||||
|---|---|---|---|---|---|
China | n = 225 | ||||
Mean | Median | Maximum | Minimum | Std. Dev | |
− 0.01% |  < 0.01% | 9.52% | − 10.55% | 1.29% | |
Europe | n = 225 | ||||
Mean | Median | Maximum | Minimum | Std. Dev | |
− 0.16% | − 0.08% | 13.52% | − 19.42% | 2.24% | |
U.S.A | n = 225 | ||||
Mean Value | Median Value | Maximum Value | Minimum Value | Standard Deviation | |
 < − 0.01% | 0.09% | 8.58% | − 10.24% | 1.59% | |
Country | Performance throughout event windows (January 2020-December 2021) | ||||
|---|---|---|---|---|---|
China | n = 453 | ||||
Mean | Median | Maximum | Minimum | Std. Dev | |
− 0.02% |  < 0.01% | 9.55% | − 10.54% | 1.47% | |
Europe | n = 458 | ||||
Mean | Median | Maximum | Minimum | Std. Dev | |
0.11% | 0.084% | 26.06% | − 46.31% | 3.13% | |
U.S.A | n = 455 | ||||
Mean | Median | Maximum | Minimum | Std. Dev | |
0.13% | 0.13% | 22.39% | − 27.28% | 3.34% | |