N

466

N

358

12-month

Intercept

−4.9138***

−6.26

31-month

Intercept

−1.9411***

−5.27

Delta SI.

−0.0666***

−2.69

Delta SI.

0.0021

0.20

Volume

0.2862***

6.16

Volume

0.1127***

5.15

Market ret.

2.2155

1.58

Market ret.

1.6552***

2.76

R-Square

0.0933

R-Square

0.0868

N

458

N

355