variable

Obs.

t-Static

Prob.

1% level

5% level

10% level

Ncskew

490

−3.3260

0.0143

−3.4436

−2.8673

−2.5699

Liq

490

−6.9522

0.0000

−3.4436

−2.8673

−2.5699

Ret

490

−20.6338

0.0000

−3.4436

−2.8673

−2.5699

Sigma

490

−2.5300

0.1089

−3.4436

−2.8673

−2.5699