Country

Mean

Standard Deviation

Skewness

Kurtosis

Jarque-Bera

P-val

ARCH LM Obs*R-squared

P Ch Sq.

LB(12)

Prob.

Obsv.

AR

0.00024

0.01720

−0.66

11.57

13,500.36*

0.00

787.9174*

0.00

1133.3*

0.00

4305

BR

0.00019

0.01626

−0.35

7.65

3967.62*

0.00

862.4861*

0.00

1191.4*

0.00

4305

CL

0.00023

0.00987

−0.30

11.01

11,581.54*

0.00

609.8632*

0.00

1350.9*

0.00

4305

CN

0.00027

0.01244

−0.27

8.21

4920.29*

0.00

673.2203*

0.00

1148.6*

0.00

4305

CO

0.00082

0.00976

−0.09

17.03

35,301.07*

0.00

633.1519*

0.00

1464.8*

0.00

4305

HU

0.00025

0.01567

−0.29

13.09

18,325.47*

0.00

606.3382*

0.00

1150.6*

0.00

4305

IID

0.00056

0.01414

−0.56

9.11

6917.06*

0.00

1095.507*

0.00

1328.3*

0.00

4305

IN

0.00036

0.01198

−0.36

10.50

10,182.90*

0.00

775.5286*

0.00

1276.6*

0.00

4305

MC

0.00032

0.01187

−0.46

8.86

6306.40*

0.00

1328.804*

0.00

1293.2*

0.00

4305

MY

0.00019

0.00737

−0.39

7.30

3431.07*

0.00

1082.982*

0.00

1424*

0.00

4305

PE

0.00056

0.01307

−0.33

8.07

4683.22*

0.00

892.793*

0.00

1121.6*

0.00

4305

PH

0.00031

0.01112

0.21

12.10

14,901.10*

0.00

746.5212*

0.00

1358.5*

0.00

4305

PK

0.00027

0.01164

−0.56

8.28

5224.70*

0.00

1128.52*

0.00

1523.1*

0.00

4305

PL

0.00008

0.01406

−0.30

7.60

3865.33*

0.00

793.8741*

0.00

1175.3*

0.00

4305

RO

0.00062

0.01104

−0.51

10.68

10,777.68*

0.00

745.2243*

0.00

1342.8*

0.00

4305

RU

0.00028

0.01703

−0.38

14.72

24,752.76*

0.00

1144.518*

0.00

1232.4*

0.00

4305

TH

0.00044

0.01149

−0.46

9.05

6712.28*

0.00

508.9526*

0.00

1289.7*

0.00

4305

TR

0.00012

0.01949

−0.78

14.12

22,618.51*

0.00

1054.976*

0.00

1240*

0.00

4305

ZA

0.00026

0.01306

−0.36

8.08

4727.57*

0.00

624.01*

0.00

1144.3*

0.00

4305