| Mean | Std Dev. | Med | Min | Max | t-Value |
BHAR[t + 1, t + 36] | −10.1 | 0.558 | −15.9 | −109.1 | 131.8 | −1.58 |
BHAR[t + 1, t + 48] | −23.5*** | 0.653 | −29.4 | −125.0 | 158.9 | −2.95 |
BHAR[t + 1, t + 60] | −13.9 | 0.707 | −9.5 | −164.9 | 149.8 | −1.4 |
Rolling BHAR[t + 1, t + 36] | −13.7*** | 0.425 | −15.9 | −93.9 | 150.4 | −6.06 |