Variable [expected market effect]

Mean

Standard deviation

Minimum

Maximum

Correlation coefficient

ln(daily stock market index)

8.95

0.80

7.28

10.25

1.00

ln(1 + number of cumulative confirmed cases) [−]

5.21

3.47

0.00

12.53

−0.30

ln(MSCI total market index)

6.96

1.23

4.24

9.40

0.25