C-score Decile in Year t-1

Basu Coefficient in Year t

C-score Decile in Year t-2

Basu Coefficient in Year t

C-score Decile in Year t-3

Basu Coefficient in Year t

1

0.0163

1

−0.0042

1

−0.0055

2

0.0509

2

0.0318

2

0.0786

3

0.0294

3

0.0228

3

0.0189

4

0.0524

4

0.0445

4

0.0712

5

0.0923

5

0.0573

5

0.0721

6

0.0292

6

0.1058

6

0.0211

7

0.1216

7

0.0390

7

0.0827

8

0.0637

8

0.0884

8

0.0228

9

0.0913

9

0.0765

9

0.1271

10

0.1714

10

0.1169

10

0.0804

Rank Corr.

0.745*

Rank Corr.

0.842**

Rank Corr.

0.6240