Date: 12/21/14 Time: 16:22 |
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Sample (adjusted): 2/28/2011 9/19/2014 |
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Included observations: 897 after adjustments |
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Trend assumption: Linear deterministic trend |
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Series: BRENT USD_ZAR USD_SAR D(USD_RUB) D(USD_JPY) D(USD_CHF) D(EUR_USD) | ||||
Lags interval (in first differences): 1 to 1 |
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Unrestricted Cointegration Rank Test (Trace) |
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Hypothesized |
| Trace | 0.05 |
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No. of CE(s) | Eigenvalue | Statistic | Critical Value | Prob.** |
None* | 0.369649 | 1502.813 | 125.6154 | 1.0000 |
At most 1* | 0.320385 | 1088.867 | 95.75366 | 0.0001 |
At most 2* | 0.320105 | 742.4192 | 69.81889 | 0.0001 |
At most 3* | 0.307898 | 396.3412 | 47.85613 | 0.0001 |
At most 4* | 0.057232 | 66.22534 | 29.79707 | 0.0000 |
At most 5 | 0.014063 | 13.36032 | 15.49471 | 0.1022 |
At most 6 | 0.000732 | 0.656455 | 3.841466 | 0.4178 |
Unrestricted Cointegration Rank Test (Maximum Eigenvalue) | ||||
Hypothesized |
| Max-Eigen | 0.05 |
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No. of CE(s) | Eigenvalue | Statistic | Critical Value | Prob.** |
None* | 0.369649 | 413.9461 | 46.23142 | 0.0001 |
At most 1* | 0.320385 | 346.4474 | 40.07757 | 0.0001 |
At most 2* | 0.320105 | 346.0780 | 33.87687 | 0.0001 |
At most 3* | 0.307898 | 330.1158 | 27.58434 | 0.0001 |
At most 4* | 0.057232 | 52.86502 | 21.13162 | 0.0000 |
At most 5 | 0.014063 | 12.70386 | 14.26460 | 0.0869 |
At most 6 | 0.000732 | 0.656455 | 3.841466 | 0.4178 |