|
| S&P 500 | NIKKEI 225 | ||||||||
| Spot | Futures | Spot | Futures | |||||||
|
| Return | Range | Return | Range | Return | Range | Return | Range | ||
| Mean | −0.004 | 1.528 | −0.004 | 1.533 | −0.023 | 1.541 | −0.023 | 1.738 | ||
| Median | 0.054 | 1.235 | 0.064 | 1.248 | 0.004 | 1.324 | 0.062 | 1.432 | ||
| Maximum | 10.957 | 10.904 | 13.197 | 11.639 | 13.235 | 13.763 | 18.812 | 24.144 | ||
| Minimum | −9.470 | 0.239 | −10.400 | 0.000 | −12.111 | 0.236 | −14.003 | 0.256 | ||
| Std. Dev. | 1.361 | 1.117 | 1.371 | 1.124 | 1.616 | 0.992 | 1.677 | 1.375 | ||
| Skewness | −0.113 | 3.049 | 0.039 | 3.089 | −0.401 | 3.643 | −0.257 | 5.616 | ||
| Kurtosis | 10.670 | 18.278 | 12.837 | 18.905 | 9.606 | 29.130 | 14.897 | 58.917 | ||
| Bera-Jarque | 7072.398 | 32505.10 | 11624.49 | 34974.54 | 5198.131 | 86370.71 | 16645.12 | 381803.60 | ||
| observation | 2882 | 2883 | 2882 | 2883 | 2816 | 2817 | 2816 | 2817 | ||