| Correlation |
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| Probability | Log (PII) | Log (CP) | Log (GDP) | IR | Log (MCAP) | Log (NCPF) |
| Log (PII) | 1.000000 |
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| Log (CP) | 0.887065*** | 1.000000 |
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| Log (GDP) | 0.890884*** | 0.952241*** | 1.000000 |
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| IR | −0.128758 | −0.320969 | −0.136636 | 1.000000 |
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| Log (MCAP) | 0.716721** | 0.871840*** | 0.775547*** | −0.356055 | 1.000000 |
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| Log (NCPF) | 0.913611*** | 0.830130*** | 0.902745*** | 0.124351 | 0.733228** | 1.000000 |