Rank

Risk Factors

R2

% Contribution

1

X13

0.2672

30.57

2

X1

0.2052

23.48

3

X4

0.0949

10.86

4

X11

0.089

10.18

5

X 16

0.0661

7.56

6

X8

0.0613

7.01

7

X 7 X 14

0.0379

4.34

8

X6

0.0329

3.76

9

X3

0.011

1.26

10

X5

0.0086

0.98

Total

0.8741

100