Panel C: Winners versus losers

T

(%)

WML (%)

1

−0.21

1.74

(0.729)

2

−1.18

0.80

(0.347)

3

−1.87

0.43

(0.16)

4

1.51

1.43

(0.486)

5

−0.36

0.43

(0.172)

6

−3.08

−1.08

(−0.48)

7

−5.48

−2.80

(−1.141)

8

−3.99

−2.69

(−1.001)

9

−1.32

−2.26

(−0.814)

10

−0.64

−1.62

(−0.488)

11

1.12

−0.98

(−0.357)

12

0.00

−1.02

(−0.365)

13

0.99

−0.73

(−0.279)

14

−0.20

−1.11

(−0.396)

15

−0.36

−0.82

(−0.283)

16

2.32

−0.29

(−0.106)

17

2.05

0.67

(0.244)

18

2.21

0.64

(0.223)

19

3.19

0.51

(0.182)

20

3.07

0.96

(0.311)

21

2.48

1.44

(0.509)

22

−0.52

0.77

(0.474)

23

1.26

2.93

(1.477)^*

24

−1.71

0.70

(0.389)

25

−3.02

−0.17

(−0.08)

26

−6.41

−1.81

(−0.596)

27

−9.78

−3.55

(−1.2)

28

−7.67

−2.88

(−0.947)

29

−11.50

−2.72

(−1.001)

30

−10.21

−3.52

(−1.643)^*

31

−7.82

−0.75

(−0.222)

32

−5.97

−0.95

(−0.275)

33

−0.10

0.57

(0.14)

34

−3.11

0.41

(0.108)

35

−4.71

−0.20

(−0.05)

36

1.49

2.11

(0.508)

37

−3.11

0.11

(0.029)

38

−2.29

0.19

(0.061)

39

−1.63

−0.12

(−0.038)

Average 1 - 39

−0.020

−0.004

(−0.833)