| VARIABLES | N | mean | sd | min | p50 | max |
| NCSKEW | 12,615 | −0.336 | 0.633 | −2.170 | −0.301 | 1.202 |
| Crash | 12,615 | 0.0821 | 0.275 | 0 | 0 | 1 |
| R&D | 12,615 | 9.891 | 8.724 | 0 | 16.00 | 20.72 |
| RturnSd | 12,615 | −0.0124 | 0.330 | −1.177 | 0.00480 | 0.880 |
| RetFirmAvg | 12,615 | 0.0222 | 0.0415 | −0.0491 | 0.0152 | 0.155 |
| Sigma | 12,615 | 0.0469 | 0.0159 | 0.0186 | 0.0445 | 0.0990 |
| Size | 12,615 | 21.90 | 1.237 | 19.12 | 21.76 | 25.68 |
| Lev | 12,615 | 0.463 | 0.223 | 0.0475 | 0.463 | 1.025 |
| BM | 12,615 | 0.904 | 0.887 | 0.0729 | 0.613 | 5.301 |
| ROA | 12,615 | 0.0402 | 0.0597 | −0.199 | 0.0361 | 0.228 |
| AbsDa | 12,615 | 0.114 | 0.144 | 0.00140 | 0.0740 | 1.074 |