Variables | Mean | SD | MIN | 25th | Median | 75th | MAX | N |
FF1 | 0.107 | 0.124 | 0.000 | 0.000 | 0.066 | 0.171 | 0.814 | 19,038 |
FF2 | 0.120 | 0.156 | 0.000 | 0.000 | 0.055 | 0.185 | 1.226 | 19,038 |
ECH1 | 0.049 | 0.090 | 0.000 | 0.000 | 0.000 | 0.064 | 0.558 | 19,038 |
ECH2 | 0.061 | 0.103 | 0.000 | 0.000 | 0.000 | 0.083 | 0.896 | 19,038 |
SDC1 | 0.058 | 0.080 | 0.000 | 0.000 | 0.003 | 0.102 | 0.442 | 19,038 |
SDC2 | 0.059 | 0.086 | 0.000 | 0.000 | 0.000 | 0.104 | 0.505 | 19,038 |
Beta | 1.024 | 0.558 | −0.575 | 0.716 | 1.006 | 1.288 | 3.209 | 19,038 |
NH | 0.124 | 0.212 | 0.000 | 0.011 | 0.043 | 0.126 | 1.001 | 19,038 |
N | 82.663 | 58.696 | 5 | 31 | 67 | 134 | 219 | 19,038 |
NTC | −0.053 | 0.409 | −2.069 | −0.181 | −0.029 | 0.094 | 1.544 | 18,925 |
Cash flow | 0.045 | 0.079 | −0.206 | 0.003 | 0.045 | 0.090 | 0.329 | 19,038 |
Capex | 0.060 | 0.058 | 0.000 | 0.017 | 0.043 | 0.084 | 0.296 | 19,038 |
Size | 21.595 | 1.171 | 18.329 | 20.776 | 21.446 | 22.236 | 25.267 | 19,038 |
Tang | 0.432 | 0.179 | 0.050 | 0.300 | 0.426 | 0.563 | 0.833 | 18,898 |
Q | 1.864 | 1.594 | 0.149 | 0.811 | 1.398 | 2.355 | 10.027 | 19,038 |
IPO | 0.048 | 0.215 | 0.000 | 0.000 | 0.000 | 0.000 | 1.000 | 19,038 |
Inst | 0.262 | 0.248 | 0.000 | 0.025 | 0.196 | 0.457 | 0.851 | 19,038 |
State | 0.179 | 0.241 | 0.000 | 0.000 | 0.000 | 0.377 | 0.922 | 19,038 |