Intercept

NBR

SHIBOR

MKRT

R²

Adj R²

CAPM

1.491

0.18

0.16

0.09

CAPM: FMB t-statistic

17.76

1.41

ECAPM_D

0.005

−0.13

1.00

0.71

0.68

ECAPM_D: FMB t-statistic

0.06

−6.04

21.41

ECAPM_W

−0.001

−0.14

1.07

0.71

0.68

ECAPM_W: FMB t-statistic

−0.02

−5.70

23.33

ECAPM_M

0.05

−0.13

1.13

0.70

0.67

ECAPM_M: FMB t-statistic

0.58

−4.89

23.09

ECAPM_Q

−0.278

0.11

1.00

0.68

0.65

ECAPM1_Q FMB t-statistic

−2.03

1.31

15.70