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Mean daily return on January doubles and becomes significantly higher than all other months of the year, and Monday's mean return turns significantly positive and higher than other days of the week.
Among the selected countries exchange rates, Pakistan exchange rates show highest mean daily return of 0.018 % while Chinese exchange rate shows lowest mean daily return of −0.0077%%.
The analyses reveal that Pakistan equity market represents mean daily return of 0.08 % that records the highest mean daily return while stock market of Japan represent mean daily return of 0.004 % that report lowest mean return among the selected equity markets.
The Japanese currency show mean return of −0.0019, Hong Kong currency show 0.000026 %; Indian exchange rate show 0.0094%%; whereas Sri- Lankan currency shows mean daily return of 0.016 %.
The stock market of China show mean return of 0.01 %; Hong Kong equity market 0.02 %; stock market of India 0.04 % and stock market of Sri Lanka show mean daily return of 0.08%%.
Similar(55)
FORTE OIL has the highest average daily return (0.000814), while BECO PLC has the lowest average daily return (− 0.00161).
The average daily return is appr.
Most papers on return seasonality compare average daily returns across stocks and time points.
Mean daily urea production, urea excretion, urea recycled and returned to the ornithine cycle were 25.3, 12.8, 12.5 and 5.8 g N/days, respectively.
To analyze the characteristics of the daily return series of the commodity futures market during the study period, the descriptive statistics show the mean (X), standard deviation, Skewness (S), Kurtosis (K), and Jarque-Bera statistics results.
We'll try the daily return of 2 percent first.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com