Coef.

Coef. value

Std. Err.

t

p > |t|

[95% Conf.

Interval]

id

${\beta }_{01}\text{Niger}$

2412871

1.89E+07

0.130

0.899

−3.57E+07

4.05E+07

${\beta }_{02}\text{Cornerstone}$

3904111

1.89E+07

0.210

0.837

−3.42E+07

4.20E+07

${\beta }_{03}\text{Nem}$

1.39E+07

1.90E+07

0.730

0.468

−2.44E+07

5.22E+07

${\beta }_{04}\text{Standard}$

4674357

1.89E+07

0.250

0.806

−3.34E+07

4.27E+07

${\beta }_{05}\text{Aiico}$

9461624

1.89E+07

0.500

0.619

−2.87E+07

4.76E+07

${\beta }_{06}\text{Axa}$

1.81E+07

1.91E+07

0.940

0.350

−2.05E+07

5.67E+07

${\beta }_{07}\text{Staco}$

7847291

1.89E+07

0.420

0.680

−3.03E+07

4.59E+07

${\beta }_{08}\text{Leadway}$

2.00E+07

1.92E+07

1.040

0.303

−1.87E+07

5.87E+07

${\beta }_{09}\text{Mutual}$

6234014

1.89E+07

0.330

0.743

−3.18E+07

4.43E+07

${\beta }_{10}\text{Consolidated}$

3.31E+09

5.50E+08

6.020

0.000

2.20E+09

4.42E+09

t

${\lambda }_{1\left(2010\right)}$

−2.14E+07

1.72E+07

−1.250

0.220

−5.60E+07

1.32E+07

${\lambda }_{2\left(2011\right)}$

723370.3

1.72E+07

0.040

0.967

−3.39E+07

3.53E+07

${\lambda }_{3\left(2012\right)}$

1.40E+07

1.73E+07

0.810

0.423

−2.09E+07

4.89E+07

${\lambda }_{4\left(2013\right)}$

−3284308

1.72E+07

−0.190

0.849

−3.79E+07

3.14E+07

${\lambda }_{5\left(2014\right)}$

1.11E+07

1.73E+07

0.640

0.527

−2.39E+07

4.61E+07

${\lambda }_{6\left(2015\right)}$

0

(omitted)

X

−12.262

3.030738

−4.050

0.000

−18.37406

−6.14993

X²

1.65E−08

3.96E−09

4.160

0.000

8.49E−09

2.45E−08

Model Fitting Information

No. of Observations: 60

F(17,43) 338.04

Prob > F 0.0000

R-squared 0.9926

Adj R-squared 0.9896

Root MSE 3.7e+07