| RMB exchange rate (annual average price) | Transaction amount of stock (100 million ¥) | Gold price (USD) | |
Correlation | RMB exchange rate (annual average price) | 1.000 | −0.673 | −0.954 |
Transaction amount of stock (100 million ¥) | −0.673 | 1.000 | 0.541 | |
Gold price (USD) | −0.954 | 0.541 | 1.000 | |
Shanghai Composite Index (closing price) | −0.480 | 0.565 | 0.401 | |
Per capita GDP | −0.816 | 0.677 | 0.765 | |
Sig. (Unilateral) | RMB exchange rate (annual average price) |
| 0.001 | 0.000 |
Transaction amount of stock (100 million ¥) | 0.001 |
| 0.008 | |
Gold price (USD) | 0.000 | 0.008 |
| |
Shanghai Composite Index (closing price) | 0.019 | 0.006 | 0.044 | |
Per capita GDP | 0.000 | 0.001 | 0.000 |